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VisualPolitik EN published this video item, entitled “Why does ESTONIA have the most COMPETITIVE TAXES in the WORLD? – VisualPolitik EN” – below is their description.
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Estonia has the most competitive tax system in the world. At least, that’s what US-based think tank the Tax Foundation says. For seven consecutive years it has awarded the first place in its ranking to this country. And the truth is that it is not for nothing.
If there is one country that can serve as a model for others, it is Estonia. This Baltic nation has shown that a strong welfare state is compatible with low taxes and economic growth. And all this from a really dismal starting point.
In 1991, Estonia was a new republic that had just separated from the Soviet Union. Its history could have been the same as that of Ukraine or Belarus. But, to the surprise of the whole world, it has become a model of efficiency and prosperity. How did they achieve this? What are the key factors to Estonian public administration? In this video we tell you.
How to pay taxes in Estonia: https://www.youtube.com/watch?v=l4Ncqee_26M
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In This Story: Belarus
Belarus, officially the Republic of Belarus and formerly known as Byelorussia or Belorussia, is a landlocked country in Eastern Europe. It is bordered by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Its capital and most populous city is Minsk.
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In This Story: Soviet Union
The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a federal socialist state in Northern Eurasia that existed from 1922 to 1991. Nominally a union of multiple national Soviet republics, it was a one-party state (until 1990) governed by the Communist Party, with Moscow as its capital in its largest republic, the Russian SFSR.
The Soviet Union had its roots in the October Revolution of 1917 when the Bolsheviks, headed by Vladimir Lenin, overthrew the Provisional Government that had earlier replaced the monarchy of the Russian Empire.
On 25 December 1991, Gorbachev resigned and the remaining twelve constituent republics emerged from the dissolution of the Soviet Union as independent post-Soviet states. The Russian Federation (formerly the Russian SFSR) assumed the Soviet Union’s rights and obligations and is recognized as its continued legal personality.