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3 67th National Conference and Annual Dinner 1 (2004)

handle is hein.taxfoundation/taxfaabb0003 and id is 1 raw text is: Tax Foundation Global Tax Reform: Who's Leading, Who's Lagging, and Is the U.S in the Race? November 18, 2004 Scott Hodge: We've asked our next three panelists to answer a couple of key questions. What is the influence of the new competitive global environment on their economies and tax policies? And how have they reconciled the need for tax revenues with the need to promote competition and at the same time maintain fairness in the system? And then what are the emerging challenges for tax reform in their countries going forward? And I'm very delighted to have our three panelists with us today. I'll introduce all of them and then we'll go in order. Starting with Dawn Primarolo, who is a member of Parliament and Paymaster General in the United Kingdom. As Paymaster General, Ms. Primarolo has a strategic oversight over the UK tax system as a whole, including direct, indirect corporate taxation, capital gains tax, inheritance tax, VAT, European and international tax issues. That's a very, very 1