I’ve never figured out why soccer is so popular in some parts of the world. What’s the point of watching people run up and down a field for 90 minutes when the result is usually a 0-0 tie?
But non-Americans generally don’t get the point of baseball, so I guess it’s all a matter of background and taste.
I mention soccer because it’s an excuse to write about competitiveness and taxation. Except I’m not going to write about low tax rates and job creation, or low tax rates and capital formation. Instead, today’s topic is tax competitiveness and French soccer.
And since the French care about soccer, maybe this will be a valuable opportunity to teach them why high tax rates are a bad idea in all areas.
Though you won’t be surprised to learn that the French government is on the wrong side.
Here’s how the New…
View original post 707 more words