Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-24-Speech-3-254"
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"en.20071024.36.3-254"2
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We voted against the final text because, among other issues, it assumed a position of defence of economic and financial groups, as highlighted by the rapporteur who removed her name from the report before the final vote and called for it to be rejected. The resolution aims to ease the rules and procedures so that large undertakings can easily enter the various markets and reap the largest profits with the least number of obstacles in any Member State.
Furthermore, we consider that the fiscal sovereignty of Member States in terms of defining their own fiscal policy must be respected in all discussions on this issue. This is not what has happened here. A supposedly common European fiscal policy which promotes ‘tax competition’ would only serve the interests of major European and international capital.
Available data show that, in the last 10 years, there has been a significant drop in the average rate of taxation of corporate profits, whilst income tax has remained virtually unchanged.
We regret that the proposals made by the rapporteur, which highlighted the redistribution potential of taxation and pointed out the transfer of the tax burden from high incomes to lower incomes, have not been included in this final text."@en1
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