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Publication Date: October 2006
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Daniel J. Mitchell
Research Area: Economics
Keywords: Budget; reform; Taxes
Type: Report
Coverage: United States Ireland
Abstract:
Living standards are much higher in America than in Europe, unemployment is far lower, and growth is much stronger; left unchecked, however, the growing burden of government threatens to turn America into an uncompetitive European-style welfare state. Ireland shows that reform is possible with dramatic tax rate reductions and a large reduction in the burden of government spending.