# Tax-cutting race to the bottom

- Canonical URL: https://www.gerhardmerk.de/tax-cutting-race-to-the-bottom
- Post ID: 591621
- Modified: 2023-07-25T21:13:57+00:00
- Language: en

## Definition

Participants in a monetary union such as EMU try to attract foreign investors "behind" the single monetary policy through low (corporate) taxation. - Experience shows that even a comparatively high tax burden ratio is accepted if it is accompanied by higher quid pro quos, such as, above all, the guarantee of internal and external security, the provision of infrastructure, educational facilities and reliable social security systems. - See recruitment subsidies, tax dumping, tax competition. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1