Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-11-25-Speech-3-397-734"
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"en.20151125.24.3-397-734"2
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"I endorse the conclusions reported by the Special Committee on Tax Rulings, set up to probe into the tax-dodging scandals revealed in last year’s Lux Leaks. The amount we lose to tax evasion every year has been estimated to be in the region of the whole budget of the EU. Those who constantly bang on about fiscal consolidation and the need for balanced budgets should bear this in mind when faced with the inevitable budget shortfalls, with the actual ordinary taxpayers ending up on the losing side, as usual. We are only talking about a modicum of transparency and minimum standards to avoid the most egregious practices that lead us down a race to the bottom, punishing working people first and foremost. Yet, getting information from the Commission, Member States and corporations has been like pulling teeth. Many champions of austerity on the right of this Parliament have been denouncing the conclusions as punitive. But the punishment has been inflicted on the most vulnerable, whereas the multinationals with the will and resources to dodge tax have been getting away with effective rates which are a joke, and that, in many instances, is an understatement."@en1
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