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The EU is now trying to agree on a common corporate tax base [i.e., figuring out how much is taxable], while leaving tax rates free to countries to set as an instrument of policy.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Thu Apr 6th, 2006 at 10:42:00 AM EST
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The problem with this is that it affects other elements of the tax code as well. These things are interdependent packages that have built up over time.
by Colman (colman at eurotrib.com) on Thu Apr 6th, 2006 at 10:43:22 AM EST
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