Flat tax flattened?
One of the most deplorable collateral casualties in the wake of the German election is likely going to be the concept of flat tax. After the flogging that its proponent Kirchhof, the professor from Heidelberg has received, no politician in his right mind will want to touch the subject with a barge pole any more, and all for the wrong reasons. The German left has succeeded in stigmatising the concept as beneficial to the well off, which is utter nonsense since the concept itself is free of any bias. Its real effect depends on the concrete implementation, and that has been ways away. But if we're lucky, the British will take the lead again and show us how it's done. Lead on, MacDuff!, as they say in a play connected to Scotland.