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Certainly some minds do, although I am not sure whether I would characterize them as great. In order not to raise national taxes, Messrs. Blair and Brown have stealthily caused local taxes (based on property value) to grow by as much as 300%. And now news comes from Italy that Mr.Berlusconi and his unlovely government, who claim to be cutting national taxes, have had the bright idea of reforming the area categories that underlie the ICI (Town Tax on Real Estate, Imposta Comunale sugli Immobili), which is going to result in increases of up to 400% in local tax. What is really hilarious is that both groups probably imagined this to be a wizard wheeze that nobody would see through.
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