Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-12-12-Speech-1-147"
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"en.20051212.18.1-147"2
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"Mr President, it is quite clear to me that the Commission’s proposal is indisputably an assault upon taxation as an exclusive competence of Member States. A common tax base would inexorably lead to common tax rates. By the stealth of this proposal, it is clear that Brussels aspires to replace the nation state as the deciding authority on company taxation.
National control of corporation tax has been a key weapon in the arsenal of many countries in fighting for international investment. Estonia, with its growth economy, well illustrates the point, as does the experience of the Republic of Ireland. Thus, harmonisation of tax would rob Member States of the right to adjust their tax regimes to suit their own needs and would bestow across Europe yet another stultifying one-size-fits-all suppression of national initiative. For economic growth, independence and freedom of action are essential with more, not less, national flexibility. For example, corporation tax in my area of Northern Ireland should be radically reduced as a means of stimulating investment, thereby moving us away from over-dependence on the public sector."@en1
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