Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-130"

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"Mr President, I share the concern my colleague just expressed about this obsession with harmonisation. When we look at the moves towards a common VAT tax base, we hear MEPs across this House arguing for more and more harmonisation when it comes to tax, forgetting that what we really need here at EU level is more tax competition. We also need this at global level to ensure that when it comes to the economy and economic competitiveness, we are not taxing our citizens out of productive capability and productive forces – what we are actually doing is ensuring that we have enough entrepreneurs and innovators in a country, and one of the best ways we can do that is by tax competition. This obsession with harmonisation has led us to a single currency that does not take account of national differences and differences in economic cycles. This is why countries are suffering; this is partly why Ireland is suffering; and it is time we moved more towards competition, rather than to common tax bases."@en1
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