Highly-skilled Germans opt for a 40% tax cut

By moving to Switzerland:

Fed up with comparatively poor job prospects at home - where unemployment is as high as 17 per cent in some regions - as well as high taxes and bureaucracy, thousands of Germans have upped sticks for Austria and Switzerland, or emigrated to the United States.

The brain drain out of Deutchland follows a trend I've predicted for a while now: the tax burdens of socialist states will be exacerbated by an aging population, driving more skilled workers to the United States. In turn, this will help to delay (but not avoid) our own entitlement crunch.