Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-24-Speech-3-256"

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"en.20071024.36.3-256"2
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". The report on the contribution of taxation and customs policies to the Lisbon Strategy, as voted on by the Committee on Economic and Monetary Affairs, constitutes an acceptable compromise between the Group of the European People’s Party (Christian Democrats) and European Democrats, on the one hand, and the Group of the Alliance of Liberals and Democrats for Europe, on the other, and I support it. I am also glad to see that we have succeeded in maintaining this balance during the vote in plenary. For me the key point in the report is paragraph 4, which underlines the benefits of healthy tax competition in the European Union. If indeed we wish to achieve the objectives of economic growth and employment, as set out in the Lisbon Strategy, we must ensure that we do not impose too great a tax burden on undertakings, for it is they who create the jobs. What is more, we should never overtax employees and consumers, either directly or indirectly, for they make a considerable contribution to growth. Tax competition forces Member States within the Union to moderate their fiscal demands and to be more efficient in the management of public spending, and this can only be of benefit to the taxpayer. The common consolidated corporate tax base, which is another controversial theme in the report, would in my view bring an element of coordination to fiscal policy that will render European corporate taxation less bureaucratic and more efficient."@en1

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