Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-23-Speech-2-020"

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"en.20071023.6.2-020"2
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"Mr President, Commissioner, our group endorses Mrs Wagenknecht’s views in this matter, even if they are in conflict with the opinions of the majority on the Committee. The European Union will not be the world’s leading knowledge- and technology-based economy in 2010. It is not, however, due to tax systems, which have continually been reformed in ways that favour big companies, that the target under the Lisbon Strategy is unrealisable. Big companies choose transfer pricing and finding of a home for their capital as options enabling them to avoid tax. In this they are aided by the tax havens and offshore financial centres operating in the Member States of the EU, both blots on the EU’s moral landscape. According to the rapporteur, the Commission in its communication does not consider the effects of taxation on income distribution. The system of flat tax which some Member States apply favours those on large incomes, while progressive income tax promotes social equality. The Lisbon Strategy cannot be implemented in a manner which would eat away at the financial basis of the welfare society and which would be grossly unfair."@en1

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