Why should we create common taxes?

Fiscal competition between European countries has led to constantly lowering further taxation on the richest and most mobile tax-payers (large firms, taxpayers with high incomes and assets), to the detriment of the less well-to-do taxpayers, who have witnessed a rise in their deductions (in particular in the form of VAT and other indirect taxes and taxation and deductions on salaries). The only way to end this fiscal competition is to give a European Assembly the power to vote a common taxation system.

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This post was written by admTDEM