Estonia ranks first in Europe for its competitive tax code, with a 20% rate on corporate and individual income. The report by the Tax Foundation highlights the mobility of capital and the importance of neutral tax codes for sustainable growth. While Germany and the UK improve their standings, Italy's tax code is deemed the least competitive. The report also discusses the implications of tax policies on economic behavior and the challenges faced by European countries in recovering from economic downturns. Teljes cikk (Euronews.com)