A Quote by Jose Angel Gurria

If we want a stronger, cleaner, and fairer world economy, we need to deal with the controversial areas of globalisation, such as tax havens. — © Jose Angel Gurria
If we want a stronger, cleaner, and fairer world economy, we need to deal with the controversial areas of globalisation, such as tax havens.
Why do tax havens exist? Because rich countries allow them to. If the U.S. came down on tax havens in the same way they come down on countries that trade with Iran and Cuba, we'd have no tax havens in the world.
We want to put a stop to tax havens. We want results on this, with a list of tax havens and a series of consequences.
If we can rid the world of financial centres that thrive on lack of transparency, non-cooperation, and weak regulation, an important step towards a fairer and cleaner world economy will have been achieved.
The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.
I want to end tax dumping. States that have a common currency should not be engaged in tax competition. We need a minimum tax rate and a European finance minister, who would be responsible for closing the tax loopholes and getting rid of the tax havens inside and outside the EU. It is also clear that we have to reach common standards in our economic and labor policies. We cannot continue to just talk about technical details. We have to inspire enthusiasm in Germany for Europe.
In 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.
Transparency and effective tax co-operation must be shared principles applied by all. Until they are, nations will need to protect themselves against loss of revenues to tax havens.
Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.
We need to reach out to small 'l' liberal voters who have a modern outlook on life, who want a party that is hard-headed on the economy - more credible on the economy than Labour - but more socially progressive and fairer than the Conservatives.
The harsh reality is that we simply cannot tax our way out of our overspending and debt problem. We need a balanced approach that includes both a stronger economy to generate new tax revenues and bipartisan guardrails, which will help ensure that future presidents and congresses spend within our means.
Americans deserve a simple, fairer, and flatter tax code that jumpstarts our economy, helps create jobs, and makes America a leader again.
hy is it you can impose a new tax and keep your economy growing? Only if you cut other taxes by exactly the same amount. The problem with carbon taxes around the world has been you dump a new tax onto the economy and it's just adding more tax.
The secreting of wealth in tax havens is often justified as 'legitimate tax planning.'
I think the bottom line for Oregonians is that cleaner fuels mean cleaner air, and we need that, and we want that.
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