Michael taft presentation for post budget seminar 19 oct 16
Flattax jaeger
1. Flat Tax and Developed Countries
Tax Competition versus Tax Coordination
Bratislava, October 5, 2012
Michael Jaeger
Secretary General
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2. Excerpt of TAE Aims and demands
Fair and simple tax laws
Less taxation, dues and social security costs
No EU-Tax
Economic and lean public administration
Privatisation
No EU-Harmonization of economic policy
(no state-directed or central planned economy)
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3. Research and Experience
Excessive government / public spending are
financed by taxation
Taxation and Economic Growth:
- high taxation low economic growth
- low taxation high economic growth
High taxes and the government expenditure that they
finance mean lower rates of economic growth
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5. Increasing debts despite increasing revenues!
Increasing debts
increasing revenues, but higher
increase of public expenditure
(e. g. Germany)
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6. expenditures
revenues
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8. History of the Public Debt
Germany 1950-2010, in bn Euro
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9. Why to Fight for Low Flat Tax
Systems in Europe?
Effects of low taxes to stimulate growth and increase
of revenues are evident
But:
In many countries the Euro and Financial crisis are
misused to demand an increase of taxrates or to
introduce new taxes (wealth tax, inheritance tax, FTT,…)
European Commission proposes harmonization of
direct taxes (PIT, CIT, CCCTB,…)
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10. Flat Income Tax
and Year of
Implementation
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11. Income Tax 2012
highest rate
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