The best way to get change is by doing something like reducing or eliminating capital gains taxes so that people on their own create the dynamic for getting ahead rather than having to go through an existing entity or get permission from existing political structures. Look at an area like the Middle East. When the war is over, what we should be concentrating on isn't trying to find a favorable faction in Iraq and Kuwait or wherever else. We should push policies that would break the economic feudalism that has dominated that region. In order to set up a business, it's now almost as bad as Latin America in terms of getting the permission.
Tax rates are much too high.
Iraq is a very centralized economy. Egypt has improved, but it still has a suffocating bureaucracy. Algeria's made a little progress, so it's 98- percent hopeless, instead of 100 percent. Even Israel is in an economic straitjacket. The government owns the banks.