Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-377-875"
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"en.20120419.15.4-377-875"2
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Amongst a number of generally positive proposals and recommendations on combating tax fraud and evasion, this resolution includes fallacious ideas – which are unusual and borderline propaganda – on the EU-IMF programmes under way in Portugal, Greece and Ireland. If we look at what is happening in Portugal, they claim to have eliminated ‘privileges’, at the Troika’s suggestion. Beyond being offensive, this constitutes indecently falling in line with the rhetoric that has been used to justify intolerable social terrorism, whilst keeping intact the privileges – real ones, this time – of the sectors benefiting from this intervention; banking, for example, which will pocket at least EUR 12 billion in shamefully saved taxation on account of this programme. The IMF, the Commission and the European Central Bank continue their rhetoric about ‘eliminating unjustified exemptions’, etc. However, the thing that stands out most from this resolution is the glaring omission of a key issue: tax havens. Instead of appropriately calling into question the existence of these financial black holes that swallow up millions upon millions of euro that should have gone into state coffers, these out-and-out havens for economic crime, the resolution ends up timidly calling for ‘the use of tax havens’ to be prevented; that is unacceptable."@en1
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