It falls to us to find, for these countries, progressivity systems that do not, under any circumstances, alter the global targets or the final deadline, namely 2020, but that are still acceptable to the other countries. |
Some people, such as our German friends, want to retain only one criterion and to abandon progressivity. |
The principle behind progressivity is that people need an average amount of money for their basic needs such as food and shelter. |
But the other half of the equation, public spending, negates much of that progressivity. |
Thereafter it increases as a percentage of GDP, reflecting the progressivity of the income tax system. |
The date above for the elimination of all forms of export subsidies, together with the agreed progressivity and parallelism, will be confirmed only upon the completion of the modalities. |