I think in terms of tax policy there are all sorts of different ways that you can structure your tax regime, and when you look at the different ways in which you can raise tax, you have to be very careful about your competitive position. If you do not retain a strong competitive position within the world, then you are going to have to suffer the consequences, which will further have an impact on your tax.
On October 26th, 2009. See this statement in context.