Excessive leverage in the financial sector. You could be steeply progressive on this.
In any situation where a fiscal adjustment is required, such as in the United States today, I would suggest that you look at both revenue an...
That is a systemic risk. That is pollution. That is a negative externality you should be taxing on.
My advice, sir, would be simple, the same advice as Christine Legarde, the new director of the IMF, has given to the United States, which is...
It makes no sense to have a tax code that encourages that leverage, at the same time as we try and pull it back rather ineffectively with re...
Yes, that is kind of double taxation, isn't it?
But if I could just add, the tax on excessive leverage is where European Union is heading, including the UK.
Experience in Europe, including in the last days and weeks, tells you that countries that previously thought that they had an impeccable cre...
It is absolutely essential that the United States remain a beacon of safety and clarity to international investors.
I think you should focus on moving towards a value-added tax system.
We don't know what happens, but we don't want to find out.