Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-113-000"

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"en.20120202.10.4-113-000"2
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"Mr President, the current economic and financial crisis has led to a significant rise in public debt in Europe and, in this context, the automatic stabilisers of the welfare state become more relevant than ever. Effective taxation is of fundamental importance for public authorities so that they can fulfil their tasks and obligations as well as citizens’ expectations. Sound fiscal consolidation, together with fairer and more targeted distribution of the tax burden, is necessary to ensure fiscal credibility. The reduction of debt requires both expenditure restraint and tax increases, especially for high income groups. Growth-oriented tax changes must be given priority. Only in this way will the foundations for long-term growth be created. It is therefore necessary to try to apply procedures that help prevent tax avoidance and tax abuse. Last but not least, we must also increase transparency."@en1
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