Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-01-18-Speech-2-091"

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"en.20000118.4.2-091"2
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". The European Union is apparently financed through four own resources. The European budget is effectively sourced from VAT and on the basis of GDP, especially now that the Community preference system has been abandoned and the multiplication of free trade areas has put paid to customs duties and the common agricultural levy, which had already been cut back drastically by the Generalised System of Preferences. Since then, Community VAT fraud and distortions in the calculation of GDP, the taxable basis for the fourth resource, have had a perceptible effect on the yield and justice of Community resources. Since then, of course, this Europe with pretensions to federalism is now more than ever financed like the commonplace intergovernmental organisation it actually is, but which it refuses to see itself as. This can be clearly seen in the regulation before us. It shows a concern with the accounting involving own resources, the process of making them available or with the monitoring of declared amounts made available to the Commission. Furthermore, the new Advisory Committee that has been created is made up of representatives of the taxpaying Member States. This is a long way from offshoots such as the “Community criminal code”, the “European Public Prosecutor” or a European police force, with OLAF. There is as yet no federal European tax. All the same, a Europe with 25 members will be wanting a European tax on income, if not on profits, or the tax on CO2 to finance the budget for 2025."@en1

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