Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-04-12-Speech-3-271"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20000412.10.3-271"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, Commissioner, ladies and gentlemen, since the Single European Act was ratified, the financial products market has been developing, despite the warnings of the Greens, without regard to the minimum harmonisation of taxation on income from savings. What was bound to happen has happened. There has been fiscal dumping onto the most mobile factors and a transfer of the tax burden onto the least mobile factor, which is labour.
The responsibility for blocking the tax harmonisation provided for in the Monti package currently rests entirely with one country: Great Britain. Great Britain is trying to shift the blame onto Luxembourg, which is actually willing to compromise. Let me formally notify our British colleagues that this attitude is irritating the rest of Europe. Great Britain is the mother of democracy and of modern capitalism. Its attitude of encouraging tax fraud has a corrupting effect not only in economic and social terms, but in moral terms as well. It is challenging the civic foundations of European construction.
That is why the Group of the Greens/European Free Alliance has decided to reject any new proposal to liberalise the capital market, unless the Monti package is first adopted. This is the suggestion, moreover, of Mr Prodi’s Commission itself, and that was the key point of the García-Margallo y Marfil report on the action plan to unite the financial services markets. Unfortunately, this point has been changed out of all recognition by the amendments of the right within the Committee on Economic and Monetary Affairs."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples