The document discusses taxation policies in developed countries. It summarizes the aims of the Taxpayers Association of Europe, which include fair and simple tax laws, less taxation and social costs, and no EU tax harmonization. The association's research shows that high taxation is linked to lower economic growth, while low taxation encourages growth. However, some countries are using fiscal crises as an excuse to increase tax rates or introduce new taxes. The association advocates for flat tax systems to stimulate growth and argues against the European Commission's proposals to harmonize direct taxes across countries.
This presentation gives more information about the upcoming European direct taxes. Janusz Lewandowski propose these taxes to fill the European treasury and reduce the contributions from the member states.
A proposal to abolish the printing, the use and - of course - the value of banknotes.
This will result in exceptionally ameliorating of State economics, plus in healing the society of a series of problems.
This presentation gives more information about the upcoming European direct taxes. Janusz Lewandowski propose these taxes to fill the European treasury and reduce the contributions from the member states.
A proposal to abolish the printing, the use and - of course - the value of banknotes.
This will result in exceptionally ameliorating of State economics, plus in healing the society of a series of problems.
Succession “Losers”: What Happens to Executives Passed Over for the CEO Job?
By David F. Larcker, Stephen A. Miles, and Brian Tayan
Stanford Closer Look Series
Overview:
Shareholders pay considerable attention to the choice of executive selected as the new CEO whenever a change in leadership takes place. However, without an inside look at the leading candidates to assume the CEO role, it is difficult for shareholders to tell whether the board has made the correct choice. In this Closer Look, we examine CEO succession events among the largest 100 companies over a ten-year period to determine what happens to the executives who were not selected (i.e., the “succession losers”) and how they perform relative to those who were selected (the “succession winners”).
We ask:
• Are the executives selected for the CEO role really better than those passed over?
• What are the implications for understanding the labor market for executive talent?
• Are differences in performance due to operating conditions or quality of available talent?
• Are boards better at identifying CEO talent than other research generally suggests?
A new study published today by New Direction – The Foundation for European Reform in cooperation with Captus, a Swedish free market think tank, argues that financial transactions are highly mobile, even low levels of taxes will force out trade to other nations. In addition, it is quite possible that market volatility will increase rather than decrease due to such taxes.
podľa tohtoročnej štúdie New Direction – the Foundation for European Reform a Institut économique Molinari (IEM) pripadol deň daňového oslobodenia (Tax Liberation Day) na Slovensku na 20. júna. Je to rovnaký deň ako v minulom roku, aj keď základné daňovo-odvodové zaťaženie priemerného zamestnanca na Slovensku (podľa ktorého sa Počíta tento deň) sa nepatrne zvýšil z 46,65 % v roku 2013 na aktuálnych 46,73% k nákladom práce. Takéto zaťaženie slovenských zamestnancov daňou z príjmu, DPH a odvodmi je takmer o 1,5 percentuálny bod vyššie ako je priemer v EÚ. Viac na www.konzervativizmus.sk
Indirect taxes are booming.
As they work to bring public finances under control, governments around the world are increasing VAT, excises and other indirect taxes. They see this as a straightforward way to raise additional revenue.
To find out more, visit: http://tmagazine.ey.com/issue/issue-08/
Succession “Losers”: What Happens to Executives Passed Over for the CEO Job?
By David F. Larcker, Stephen A. Miles, and Brian Tayan
Stanford Closer Look Series
Overview:
Shareholders pay considerable attention to the choice of executive selected as the new CEO whenever a change in leadership takes place. However, without an inside look at the leading candidates to assume the CEO role, it is difficult for shareholders to tell whether the board has made the correct choice. In this Closer Look, we examine CEO succession events among the largest 100 companies over a ten-year period to determine what happens to the executives who were not selected (i.e., the “succession losers”) and how they perform relative to those who were selected (the “succession winners”).
We ask:
• Are the executives selected for the CEO role really better than those passed over?
• What are the implications for understanding the labor market for executive talent?
• Are differences in performance due to operating conditions or quality of available talent?
• Are boards better at identifying CEO talent than other research generally suggests?
A new study published today by New Direction – The Foundation for European Reform in cooperation with Captus, a Swedish free market think tank, argues that financial transactions are highly mobile, even low levels of taxes will force out trade to other nations. In addition, it is quite possible that market volatility will increase rather than decrease due to such taxes.
podľa tohtoročnej štúdie New Direction – the Foundation for European Reform a Institut économique Molinari (IEM) pripadol deň daňového oslobodenia (Tax Liberation Day) na Slovensku na 20. júna. Je to rovnaký deň ako v minulom roku, aj keď základné daňovo-odvodové zaťaženie priemerného zamestnanca na Slovensku (podľa ktorého sa Počíta tento deň) sa nepatrne zvýšil z 46,65 % v roku 2013 na aktuálnych 46,73% k nákladom práce. Takéto zaťaženie slovenských zamestnancov daňou z príjmu, DPH a odvodmi je takmer o 1,5 percentuálny bod vyššie ako je priemer v EÚ. Viac na www.konzervativizmus.sk
Indirect taxes are booming.
As they work to bring public finances under control, governments around the world are increasing VAT, excises and other indirect taxes. They see this as a straightforward way to raise additional revenue.
To find out more, visit: http://tmagazine.ey.com/issue/issue-08/
Presentation of Prof. Lars Feld - The Economic Situation in EMU - Where do we...Bankenverband
GCEE Business Cycle Update, March 2018: “In the euro area, the level of indebtedness of many member states remains very high. This is particularly true of Italy where the national debt stands at over 130 % of GDP. Should financial markets lose confidence in the sustainability of public debt on account of the political uncertainty resulting from the outcome of the election, given the size of the Italian economy a return of the euro crisis cannot be ruled out. Furthermore, risks to financial stability continue to persist in certain member states due to the fragility of many banks, particularly with regard to the extent of non-performing loans.”
Michael taft presentation for post budget seminar 19 oct 16
Flattax jaeger
1. Flat Tax and Developed Countries
Tax Competition versus Tax Coordination
Bratislava, October 5, 2012
Michael Jaeger
Secretary General
1 Taxpayers Association of Europe
2. Excerpt of TAE Aims and demands
Fair and simple tax laws
Less taxation, dues and social security costs
No EU-Tax
Economic and lean public administration
Privatisation
No EU-Harmonization of economic policy
(no state-directed or central planned economy)
2 Taxpayers Association of Europe
3. Research and Experience
Excessive government / public spending are
financed by taxation
Taxation and Economic Growth:
- high taxation low economic growth
- low taxation high economic growth
High taxes and the government expenditure that they
finance mean lower rates of economic growth
3 Taxpayers Association of Europe
5. Increasing debts despite increasing revenues!
Increasing debts
increasing revenues, but higher
increase of public expenditure
(e. g. Germany)
5 Taxpayers Association of Europe
6. expenditures
revenues
Taxpayers Association of Europe 6
8. History of the Public Debt
Germany 1950-2010, in bn Euro
8
Taxpayers Association of Europe
9. Why to Fight for Low Flat Tax
Systems in Europe?
Effects of low taxes to stimulate growth and increase
of revenues are evident
But:
In many countries the Euro and Financial crisis are
misused to demand an increase of taxrates or to
introduce new taxes (wealth tax, inheritance tax, FTT,…)
European Commission proposes harmonization of
direct taxes (PIT, CIT, CCCTB,…)
9 Taxpayers Association of Europe
10. Flat Income Tax
and Year of
Implementation
Taxpayers Association of Europe 10
11. Income Tax 2012
highest rate
Taxpayers Association of Europe 11