They’ll get wealth, we’ll get Obamunism:
Hungary’s minority Socialist government passed a crucial test on Monday when parliament approved key 2010 tax changes to help the country recover from its worst recession in almost two decades.
The passing of the law averts the risk of early elections. Prime Minister Gordon Bajnai had said he would stay in his post as long as the Socialists and the Free Democrats support his programme, which is also the backbone of Hungary’s financing deal with the International Monetary Fund (IMF).
The tax law, which will cut personal income taxes and social contributions paid by employers to the government, was passed with 211 votes and 152 votes against, with backing from the Socialists’ former coalition allies, the Free Democrats.
We’re in a bad way, fellow Americans – European socialists are voting to cut taxes, while our Obama places a crushing burden of taxation and debt upon us. How come we ended up like this? Its just not fair – we’re mired with an European-style President while the Europeans get to become Reaganite!
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