International Tax Competition

Race to Growth or Race to Bottom
1. Auflage 2013
ISBN: 978-3-902466-10-5
Verlag: Friedrich A. von Hayek Institut

Buch, Englisch, Band 15, 126 Seiten, Format (B × H): 147 mm x 210 mm, Gewicht: 254 g

Reihe: The International Library of Austrian Economics

Sound money does not fall from the sky and neither do tax-revenues. A tax, by definition, siphons resources from the private sector, which inevitably hinders the accumulation of productive capital. Common sense offers a very straightforward solution to this problem: get rid of the drag. Unfortunately, this is not an option. Taxes are unavoidable and therefore, a key objective is to design a tax code that minimises its inherent harm to business productivity and economic growth.
The Hayekian roadmap offers a very straightforward solution: if we really wish to regain competitiveness, fiscal integration should come about from spontaneous channels of international coordination and competition. The emergence and flourishing of competition among Member States leads to short-run differentials in cross-border tax rates, which in turn generates investment opportunities and mobility incentives of the factors of production. These dynamic processes within the union put a downward tax-setting pressure on every Member State, greasing the wheels for productivity gains to take off (which is, according to international experience, one of the main determinants of GDP growth).

Autoren/Hrsg.

Kolm, Barbara

Inhaltsverzeichnis

Current Perspectives of Corporation Taxation in the EU by Christoph Watrin
On the Appropriate Size of Government – Taxes and Expenditures by Charles B. Blankart
Tax Competition: Cornerstone of Liberalization and Civil Society by Richard W. Rahn
Governance Structures for State Owned Enterprises by Gerhard Clemenz
The Advantages of Tax Competition in Europe - The argument for tax equity and efficiency by Jean-Philippe Delsol
The current economic crisis and some ‘Austrian’ food for thought by Gerhard Jandl
The Global Flat Tax Revolution: Lessons for Policy Makers by Daniel J. Mitchell
Consolidation of Public Budgets: Solutions and Best Practices by Ernst Buschor
Global Financial Regulations, National Competitiveness & Authorities by Josef Christl
How Should Britain’s Government Spending and Tax Burdens be Measured? - A Historic Perspective on the 2009 Budget Forecasts by David B. Smith

Über Autor(innen)

Kolm, Barbara
Barbara Kolm is President of the Friedrich A. v. Hayek Institute in Vienna, Austria, Founding Director of the Austrian Economics Center, and Vice President of the Österreichische Nationalbank (Austrian Central Bank). She is an Associate Professor of Austrian Economics at the University of Donja Gorica, Montenegro and serves on several advisory boards. Kolm works on public policy related issues, especially on deregulation and competition, the future of Europe and Austrian Economics.