Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Thursday 28/03/2024, 10:02:02

06/10/2005 8:43:48 am
Tax-Competition at Work. In the latest edition of The Economist, there is a full-page ad that provides the "Hitch-hikers? guide to low taxes". It is placed there by the Austrian Business Agency, somewhat ironically "a government-operated consulting firm". The target-group is obviously investors and the message is that Austria now has low corporate tax (at 25 %). The corporate tax was decreased by January from 34 %. This is tax-competition at work. In a globalised world and the new Europe, countries compete by constantly improving the business climate. This leads to lower taxes - and hence higher growth and more new jobs.

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