Tax systems and tax reforms in Europe: Rationale and open issue for more radical reforms



taxes which need more coordination, this being however particularly difficult, i.e. taxation on
corporate and income capital at about a same and even rate.

National tiers should be the center of the distributional function and herein the financing
should be assured particularly by a progressive income tax and by the remaining social con-
tributions, plus excise duties, due to their relevant cross-border shopping distortion, when ap-
plied to lover tiers. In accordance with the subsidiarity’s principles, many services may be
scaled down to the conglomerate of local governments, where the best eligible candidates to
build the tax systems are present VAT, increased taxes on immovable property, benefit and
making a business taxes. Such choice is consistent with, also at the light of traditional theory
of taxation and closely resembles main examples coming from the most established Federal
States.

References

Adema, W (2001) ‘Net social expenditure’, 2nd ed., Labour market and social policy O.P., 52,
Paris: OECD.

Agell, J., Lindh, T.and Ohlsson, H. (1997) ‘Growth and the public sector: A critical review
essay’,
European Journal of Political Economy, 3: 33-52.

Aghion, P. and Caroli, E. (1999) ‘Inequality and economic growth: The perspective of the
new growth theories’,
Journal of Economic Literature, 37, 4: 1615-71.

Albi, E. et al. (1997) Corporate tax as a possible fifth own Community resource: How much
harmonization is necessary?
, study XIX/BI/9602 prepared for the DG-XIX, Brussels: EU
Commission, June.

Atkinson, A.B. (1992) ‘Toward a European social safety net?’, Fiscal Studies, 13, 3: 41-53.

-- (1996) Incomes and the Welfare State, Cambridge: Cambridge University Press.

-- (1999a) The economic consequences of rolling back the welfare state, Cambridge, Mass.:
The MIT Press.

-- (1999b) ‘Equity issues in a globalizing world: The experience’, Tanzi, V., Chu, K. and
Gupta, S. (eds)
Economic policy & equity, Washington, D.C., International Monetary
Fund: 63-80.

24



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