Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-19-Speech-4-020"
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"en.20090219.3.4-020"2
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"Madam President, the EU is confronting the most serious economic challenge in its history. Firstly, the crisis demands a thorough analysis of the errors inherent in the economic strategy that has been applied to date. Secondly, we need recommendations for effective solutions for the future. In this regard, the efficiency and effectiveness of the tax and VAT system should be analysed. There is no doubt, however, that the tax system and the VAT rate should be drawn up in accordance with the principles of the freedom, independence and sovereignty of the Member States. Our answer to a unified tax system is a resounding ‘No’.
The newly admitted Member States, which are often less developed and have a specific demographic structure, with large numbers of young people, require completely different tax policies to the old EU Member States. Wherever possible, therefore, the VAT rate in the newly accepted countries should be as low as possible. Meanwhile, as I myself have put forward, we need to pursue a reduction in VAT across the EU as a whole in the case of cultural goods, such as CDs. On the other hand, we also need to propose a tax on financial operations and speculation. What is happening today, as regards the capital transferred from the newly admitted Member States, is impossible to control and contradicts the fundamental ideological precepts of the EU."@en1
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