Today, it’s still the fashion for American pundits and pols to snicker at the revenue-enhancing power of tax cuts. But while they laugh, the world at large is shifting toward what works. First it was Estonia going for a Forbesian flat tax. Then Germany elected the Rhineland’s answer to Margaret Thatcher. That was good for as far as it went, but now France? Yes, the people of Gaul found their inner Charlemagne and put tax-cutting Nicolas Sarkozy into office.
