Visions of European tax policy diverge, oscillating between income redistribution and environmental sustainability, on the one hand, and the competitiveness and economic efficiency of the tax system, on the other, according to a map published by the Tax Foundation on Thursday 9 May.
Economic priorities range from promoting economic growth and innovation to promoting social justice and sustainability. The deeper question for the candidates is how their groups intend to use tax policy to achieve their economic policy objectives.
For the public, it is essential to understand these different priorities so that they can vote in full knowledge of the facts. For political decision-makers, future tax policies should include revenue-generating solutions to meet the continent’s pressing challenges, such as financing the green transition or repaying the European recovery package, Next Generation EU.
The Tax Foundation nevertheless points out that the European Parliament has a limited legislative role in tax matters, but can influence public perception of tax policy.
Read the study: https://aeur.eu/f/c7t (Original version in French by Anne Damiani)