That all have flat taxes now. we talked about flat taxes, folks like art and i say it s unrealistic but the reality is there are 25 countries around the world that adopted flat taxes. the average rate is 17%. countries like russia have done fantastic under a flat tax. glenn: didn t georgia get into a flat tax war with russia? russia was trying to put georgia punish them, so they had a flat tax and they kept dropping it and georgia won. right. all the european countries are competing to lower the rate. slovakia cut the flat tax rate to 19%. german corporations like the car companies moved to slov slovak slovakia. glenn: we re talking now about a v.a.t. which would be crippling on top of everything else. would it not? it would be. the average v.a.t. rate in europe is 28%. every time you go to a car or buy furniture, 20% federal