Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-030-000"

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"en.20110405.3.2-030-000"2
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"Madam President, the new structure of public finances in the European Union was based on an attempt to strengthen healthy financial rules and public expenditure and on an entirely unhealthy desire to limit the tax sovereignty of the Member States. I doubt very much that the Euro Plus countries would be in a position jointly to impose strict rules on themselves in the field of public expenditure, since they could not do so individually. On the other hand, I am in no doubt that standardising the tax base is an effective step towards a tax union, which has only one objective – the elimination of tax competition within the European Union. The French politicians Mr Sarkozy and Mrs Lagarde have revealed their true intentions by insisting for weeks on raising tax rates in Ireland, under the pretext of the fight against the crisis. Raising tax rates in the European Union to standard levels regardless of the Member State is however a recipe for prolonging the crisis, not for mitigating it."@en1
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