[...] Until now, of course, longer-term growth rates have been falling together with peak tax rates, and so has the average tax take of rich democracies. Worse still, in parallel with the declining taxability of firms, their claims for national and regional infrastructure have become more demanding; firms ask for tax reductions and tax concessions, but also and at the same time for better roads, airports, schools, universities, research funding, etc. The result is a tendency for taxation of small and medium incomes to rise, for example by way of higher consumption taxes and social security contributions, resulting in an ever more regressive tax system.