> Home > News > News > EU unemployment figures highlight success of flat tax policies
>  News

EU unemployment figures highlight success of flat tax policies
Date 05/09/2011 17:08  Author webmaster  Hits 2289  Language Global
The introduction of a “flat, fair tax rate” was supported by local MEP Godfrey Bloom, UKIP Business spokesman, following the release of the Eurostat EU unemployment figures.

"It is no surprise that those countries in the EU who have the fastest falling unemployment rates are those with Flat fair taxes. Look at Estonia (17.9% to 12.8% between the second quarters of 2010 and 2011), Latvia (19.9% to 16.2%) and Lithuania (18.2% to 15.6%) and you can see the efficacy of their taxation schemes,” said Mr Bloom.

"A flat, fair tax rate allows businesses to plan and significantly reduces their compliance costs. It allows them to hire with confidence which in turn leads them to be able to employ more people.


"Our own tax code system is confusing, punitive and has enormously complex compliance requirements which in turn leads to retrenchment and discourages employers to take on new staff.

"Britain needs to take a lead from the Baltic states and allow our businesses, especially our small enterprises, the freedom to compete and therefore employ more people.

"UKIP has long advocated a simple, fairer flat tax system for the UK."
www.ukip.org
...................................................