Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-29-Speech-4-163-000"
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"Mr President, I was living in Brussels when the French Government introduced its 75% top rate tax, and my street very quickly filled up with French exiles, Brussels being not far by train. There was only one Belgian woman left, a matriarch of the street who I knew, and I remember her stopping me one day as I was leaving the house and saying, ‘You’re in politics explain something to me: what kind of hell are these poor souls fleeing from if they regard Belgium as a ?’ What the Hollande government had learned is that high punitive taxes do not redistribute wealth: they redistribute people. Behind this report, instead of a look at why we have a problem with people fleeing to friendlier tax jurisdictions, is an attempt to brand them as tax havens and to attack them. Surely it is we who have the problem, and the solution is in our hands. If we could cut tax to a more acceptable level, not only would we boost our prosperity, but the issue of tax havens would disappear."@en1
"Monsieur le Député"1
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