A Quote by Pierre Nanterme
If I had a dream, it would be that most of the countries in the world, and especially in Europe and the U.S... have more alignment on a set of principles of tax and economic reform that would create an environment that would be more consistent first, definitely more stable.
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If I had my life to live over, I would try to make more mistakes. I would relax. I would be sillier than I have been this trip. I know of very few things that I would take seriously. I would be less hygienic. I would go more places. I would climb more mountains and swim more rivers. I would eat more ice cream and less spinach. I would have more actual troubles and fewer imaginary troubles.
I believe we have made a decision now that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace, we are on the verge of a global economic expansion that is sparked by the fact that the United States at this critical moment decided that we would compete, not retreat.
If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.
There are several things I think I would have done if I had the chance again. I would have been a little more patient about getting out into the world. I would have seen to it that I had a more formal education. I would have become an accomplished mu
So that we focus not on competing visions for Europe but on what Europe can do to improve economic growth, to give us a cleaner environment, to create more jobs, to make us more secure.
As I grow older and meet more and more people, I realise how lucky I am to have had a stable family environment. Both my parents had loving families but unstable upbringings, so they wanted us to have a more stable situation.
African countries lose the most from tax dodging. African governments must, therefore, do more to push for a full reform of the global tax system and demand action from countries, such as the U.K., whose financial centres sit at the heart of the global network of tax havens.
Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.
What seems extraordinary is that the richest countries in the world, in terms of economic output, are the ones where we work hardest. You would have thought that the end of all this innovation, technological advancement, and financial wizardry should be to create less work, not more of it.
If our dreams were more regular, more connected, more stable, they would also have more practical importance for us.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
For a long time, perhaps too long, we believed that the world around us would become more and more peaceful, and the order more stable.
Trump's corporate tax reform would restore America's position as the most hospitable investment climate in the world. For a change, businesses and their cash would come back home.
I believed that we would all come to better decisions and we would create more humane and ultimately more livable and more sustainably productive workplaces if we knew how to speak to each other about difficult issues and if we were more able to listen to and learn from diverse points of view.
Once the Eastern Bloc collapsed, what I call 'historical spontaneity' prevailed and the countries that were subject to Soviet control naturally gravitated to the West. That's where they sought their security; I don't think there was a way to avoid that. If we tried to exclude them, we would have today not one Europe, we would have three Europes: one in the West, one in the middle and one in the East, and the middle would be insecure and a tempting target. The insecurity felt [today] by Eastern Europe would be replicated on a much larger and more consequential scale.
We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.
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