Taxpayers Association of Europe1

Flat Tax and Developed CountriesFlat Tax and Developed CountriesTax Competition versus Tax CoordinationTax Competition versus Tax Coordination

Bratislava, October 5, 2012Michael JaegerSecretary General

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Excerpt of TAE Aims and demandsExcerpt 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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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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Increasing debts despite increasing revenues!

Increasing debts increasing revenues, but higher increase of public expenditure (e. g. Germany)

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revenues

expenditures

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Revenues Germany 2005-2014

total

German Federation

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History of the Public Debt Germany 1950-2010, in bn Euro

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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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Flat Income Tax and Year of

Implementation

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Income Tax 2012highest rate

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Annex

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Inheritance Tax 2009

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How large does government need to be?

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Imprint and Contact

Taxpayers Association of Europe Michael Jaeger

Office Munich Office Brussels

Nymphenburger Str. 118 Avenue de la Renaissance 1D-80636 Munich B-1000 Brussels+49 89 126008 20 Phone +32 2 738 7112 Phone+49 89 126008 47 Fax +32 2 736 0571 Fax

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© Dipl.-Kfm. Michael Jaeger Publication – including parts – only by indication of the source and approved by the authors