Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-19-Speech-4-033"

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"en.20090219.3.4-033"2
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"I would like to talk about value added tax from two points of view – social justice and competitiveness. From the point of view of social justice, value added tax is regressive, that is, people on lower incomes face a greater burden and therefore we then have to increase social subsidies. Perhaps we should do the opposite. From the point of view of competitiveness, Europe is a service economy. We can compete globally by using our services to attract tourists and, undoubtedly, it is important that those services are cheap. Compared with the USA, our sales tax, or value added tax, is much higher. Perhaps we should consider this perspective when talking about a more coordinated tax policy, although, clearly, all of this is a matter for Member States to decide."@en1
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