Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-361-500"
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"en.20110308.22.2-361-500"2
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"A fundamental condition for effective state function is that the area of taxation is in good order. If developing countries wish to operate in the global economy, they must integrate and reform their taxation systems. Taxes play an economic, political and social role in democratic countries. They not only constitute the main source of state revenue, but also allow social objectives of the utmost importance to be achieved. They fund basic services such as healthcare, education, social care and pensions.
Tax revenue in developing countries may sustainably fund the development of these countries and improve their citizens’ quality of life. Nevertheless, at present, such revenue is frequently insufficient to cover the costs of basic public services or to fight poverty. In an era of globalisation, capital subject to taxation is more mobile and barriers to trade are being abolished, which reduces tax revenue and poses a challenge, not only to the poorer countries. Regardless of its obvious benefits, the progressive liberalisation of trade reduces customs revenue. It is very important that foreign taxes should be replaced by those levied internally. While income tax is one of the main forms of taxation in rich countries, its contribution is minimal in developing countries. The majority of people are employed informally in agriculture and have irregular incomes, which makes it difficult to enforce income tax effectively."@en1
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