I’ve just reviewed a KPMG paper on tax and CSR. It’s lame.
So why not read something really good instead. Try the paper with the above title available here. This is a fascinating read, well argued and quite simply moves the debate on tax justice forward considerably. I’d call it seminal.
The abstract says this:
Although there is [...]
The was an article in the Polish press yesterday with the title:
Poland’s progressive tax system could alienate investors
As the story said:
Finance experts and business people are pointing out that Poland is surrounded by countries with low, flat tax rates. If Polish governments refuse to grasp the nettle and lower tax, investment might just head abroad.
The [...]
I’m delighted to see that enthusiasm for Bulgaria’s new flat tax is underwhelming. I’ve read a lot of Bulgarian material on this over the last week. The follwoing is typical, and comes from the editorial columns of the Sofia Echo:
The agreement announced by the three parties in Bulgaria’s ruling coalition to introduce a flat tax [...]
There’s a first rate article on flat tax in a Czech publication called TOL today. Adam Cardais says:
Karl Marx might be shocked to see who’s doing what with tax systems in Central and Eastern Europe these days.
After all, it’s the capitalist West that won’t abandon progressive tax systems, which Marx championed in The Communist Manifesto, [...]
There’s an interesting comment on the new Bulgarian flat tax at Novinite, which is a Sofia based news agency. It says:
Certainly, [flt tax] has a fair number of supporters and detractors, but even the staunchest advocate of flat tax will agree that it is not a magic wand that will solve all the problems in [...]
Bulgaria has announced it is to have a flat tax in 2008.
Alvin Rabushka will be cock-a-hoop.
But he shouldn’t be. As I’ve shown for the ACCA, these places have not got flat taxes, and flat taxes don’t work.
I have to say I thought John Moulton’s contribution to the Private Equity debate this weekend was amsuing, it was so counter-prodcutive. Writing in the Telepgraph on Saturday (because I suspect he could find no one else to take the piece) he said:
It’s been a bad week for private equity. The industry has done an [...]
A question on this blog seems to require more significant treatment than a footnote largely hidden from view. Emily Coltman wrote:
If more tax funds are needed for the Treasury then surely the following people should be top of the list to provide those funds:
a) those who can afford it, andb) those who don’t already pay [...]
In view of the previous story I was amused to note that the Hoover press re-issued Hall and Rabushka’s ‘Flat Tax’ book yesterday.
Apparently it’s now achieved ‘classic’ status. A classic con, maybe. A work of folly, perhaps. A contribution to welfare? No, definitely not. But then Rabuska never intended that. In his opinion a tax [...]
Flat taxes get more absurd by the day, and the injustice they create increases. Take the new Czech proposal as an example. The claim is that they will have a 15% flat tax. Well, that’s not true.
As MSN reports, it’s not a flat tax because the corporation tax rate is to be 19%. That blows [...]
