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This was always the Achilles heel of the EU. In the end it can't work unless tax policies are harmonized.
by gozur88 10y ago
This was always the Achilles heel of the EU. In the end it can't work unless tax policies are harmonized.
- lhopki01 10y agoThe way the US won't work unless tax policies are harmonised between states.....oh wait.
- gozur88 10y agoOh wait. The difference is there's no EU-wide corporate tax, whereas US federal corporate taxes are relatively large compared to the state levies. So there's a much larger incentive for companies to seek out EU states that are willing to undercut their neighbors.