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EU jobless figures point to flat tax success

Wednesday, 31st August 2011

Latest unemployment figures from across the EU point to the success of flat tax systems like those championed by UKIP.

Commenting on the Eurostat figures, UKIP Business spokesman Godfrey Bloom MEP, the UKIP Business spokesman, said: "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.
 
"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."

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