Quote:
Originally Posted by DodgyAgent
it is up to each country to set its own taxation bands in order to compete for businesses to locate in them.
|
I think this system does not work well - small/medium business are stuck and can't move, but big businesses can exploit this easily because they are very mobile.
I'd like everyone to get low taxes, not just a handful of companies with creative accouting - every time they do it results in higher taxation burden from others who can't afford £1k per hour tax barrister - this means citizens of the country and vast majority of businesses.
The only way to address this issue is have unified tax system with small local variations - duty on petrol for example should be the same across Europe.
There will be a point when vast majority of EU members agree with this - there will be a handful that don't - UK and most likely Ireland. I'd say if a handful of members have such a serious disagreements in a team and don't want to play with the team, then they should be out of the team. Then they can keep their taxes, currency etc - fine.
Linear Mode
