Clement Criticizes Low-Tax EU Entrants, FT Deutschland Says

Bloomberg ^ | 04/30/04 | Bloomberg

[Pikamax]

Clement Criticizes Low-Tax EU Entrants, FT Deutschland Says April 30 (Bloomberg) -- The European Union should limit aid aimed at countries joining the region tomorrow to those that refuse to agree to minimum corporate and income tax rates, German Economics and Labor Minister Wolfgang Clement told the Financial Times Deutschland newspaper.

[Former Proud Canadian]

"unrestricted tax competition"

Wouldn't want that!

[demlosers]

The European Union should limit aid aimed at countries joining the region tomorrow to those that refuse to agree to minimum corporate and income tax rates, German Economics and Labor Minister Wolfgang Clement told the Financial Times Deutschland newspaper.

Boy are they stupid; the EU is doomed to an economic quagmire.

[Colosis]

Up yours Clement, spend your own money, you eurowennie crapweesel kruat.

Ahhhh, good to get that out of my system

[tdadams]

"Tax harmonization" is newspeak for "eliminating international competitive advantage and allowing high-tax nations to continue stealing the skin off the backs of their citizens."

[frossca]

``If countries in central and Eastern Europe say that there must be no tax harmonization, then a country like Germany, whose contribution to the development of these countries isn't negligible, will pose the question whether future structural aid should be of the current size,'' Clement said.

I wonder what Herr Clement's feelings would be if the U. S. were to apply the same policy...

[dfwgator]

`If countries in central and Eastern Europe say that there must be no tax harmonization, then a country like Germany, whose contribution to the development of these countries isn't negligible,

Uhh those countries were developed just fine, BEFORE GERMANY INVADED THEM IN WORLD WAR II.