What we are putting forward in this resolution is not an endorsement of a particular tax system. What we are doing is putting the WTO on record that we want to change the standard, that we are going to insist on changing the standard. We are also putting the WTO on record that we are determined to make our tax system internationally competitive once more. Through all of the debates on our trade deficit and the problems that we have had in the current international trading system, too little of the focus has been put on the disadvantages that we impose on ourselves, on our workers and our producers, because of the design and the level of American taxes.
Glenn English: “What we are putting forward in this resolution is not an endorsement of a particular tax system. What we are doing is…”
Editor's note · Context
Discussing the need for tax reform in relation to international trade competitiveness.
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