And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

Poor regions have a low base of economic activity to tax, which prevents them from investing in human and physical capital.

According to the GAO, 80 of state tax officials opposed a national sales tax as an intrusion on their tax base.

And fourthly, it is important to expand the tax base.

Governments with meager tax revenues can't provide basic public goods. Worse yet, low tax revenues in poor countries often result from defects in tax collection systems (rather than low tax rates) that also promote unproductive enterprise.

This can include broadening the tax base, reducing tax avoidance and evasion, improving tax collection, and developing new, cooperative international taxation strategies.

High unemployment countries include high tax Germany, France, and Italy, but also low tax Japan and Spain.

So what else can eurozone governments do to raise revenue as their economies recover? Most economists favor finding ways to broaden the tax base for example, by eliminating special deductions and privileges in order to keep marginal tax rates low.

Instead, they placed them in conduits based in low tax countries.

Capital tax differences among countries would induce capital to flow from the high tax to the low tax economies. Such tax induced distortions would lead to an inefficient regional allocation of investment and possible tax competition.

Some LDCs have made progress in undertaking tax reform, broadening the non tax revenue base and improving the efficiency of financial institutions.

That had been accomplished by widening the tax base, improving administration efficiency, reducing corporate income tax, introducing a personal income tax of 10 per cent and keeping value added tax at 10 per cent.

Activities will also include the development and promotion of effective mobilization of financial resources, taxation, especially measures to reform tax systems, combat tax evasion and widen the tax base.

Broadening the income tax base is a central element of the highly regarded Simpson Bowles proposals for tax reform in the United States.

And, unlike tax incentives, wage subsidies target only employment of low wage workers.

And low growth will hurt tax revenues, undermining the proclaimed goal of fiscal consolidation.

And we want to shift the systems that open the doors for people who were formerly tax burdens to become part of the tax base.

In addition, private sector firms provide most of the tax base needed to fund public services.

However, the economy of Iraq showed signs of recovery, from a very low base.

These revenue losses could be offset by curtailing so called corporate tax expenditures deductions, credits, and other special tax provisions that subsidize some economic activities while penalizing others and broadening the corporate tax base.

It had created value added and tax base for the community, and something like 3,000 people died.

This has not been an easy task because our financial base is still very low.

(b) To promote appropriate fiscal and financial policies and measures in support of development, including measures to reform tax systems, combat tax evasion and widen the tax base, and to develop options for broad based development.

That said, if the goal of corporate tax reform is to boost investment and job creation, broadening the tax base to pay for a lower rate could be counterproductive.

The Millennium Project report highlighted the problems of sub Saharan Africa and the poverty trap that is, low tax returns, low saving rates and the like.

The first conclusion of the report was that global environmental taxes and the Tobin tax on currency transactions could yield substantial revenues at a very low tax rate.

A desirable way to broaden the tax base would be to put an overall cap on the amount of tax reduction that each taxpayer can achieve through deductions and exclusions.

As shown in a previous study by the secretariat, these changes are underscored by a shift in the industrial base towards low productivity, low pay activities.

From a very low base, FDI in Africa increased for the second consecutive year to 20 billion.

To strengthen purchasing power and to stimulate consumption, tax cuts on low and medium income households are essential.

On the revenue side, those countries adopted measures aimed at expanding the revenue base, increasing the elasticity of their tax systems and improving the efficiency and effectiveness of their tax administration.

Governments that don t need to broaden their tax base have few incentives to respond to the needs of their people.

Most economists advocate rich countries replacing their complex and antiquated tax codes with a simple low flat tax, and they bemoan the fact that so few countries have tried it.

Accusations that Switzerland is a tax haven usually come from countries that have a low level of taxpayer honesty.

(b) Research and analysis to determine the appropriate tax reforms that are needed to improve the tax base and to improve the taxation of economic activities, including agriculture, manufacturing and services, to minimize tax compliance costs and to promote allocative efficiency and growth

Corporate tax expenditures narrow the base, raise the cost of tax compliance, and distort decisions about investment projects, how to finance them, what form of business organization to adopt, and where to produce.

The results also reflected China s declining attractiveness as a base for product assembly, low cost manufacturing, and parts production.

Trade bounced back relatively quickly in the second half of 2009, though this partly reflected the extraordinarily low base.

Instead, reasonably low and stable corporate tax rates should apply and all firms should operate under the same labour laws.

Austerity programs have been largely counterproductive, generating vicious cycles of slow or no growth, business closures, skyrocketing unemployment, and tax base erosion.

Obama s recent statement that he favors reforming personal and corporate taxes by lowering rates and broadening the tax base reinforces that impression.

The tax base thus increased from approximately 8 per cent of GDP in 1995 to more than 10 per cent in 2002.

But, despite their robust base and low administrative costs, excise taxes currently amount to less than 2 of low income countries GDP, compared to roughly 3 in high income countries.

In many castes of low ritual rank, landlords, prosperous cultivators and traders were found, some of whom actually paid income tax.

One possibility is an increase in the consumption tax, which currently stands at 5 low in comparison with other industrialized countries.