Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-219"
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"en.20100210.25.3-219"2
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"Mr President, at this time, one has to ask: why all this focus on tax issues, tax cooperation and tax governance?
You only have to look at the evidence in a number of Member States to consider the answer. We have countries that have run up big debts. In my own country, the British Government has been spending money it does not have and now has to plug a massive gap in the budget. Even before the financial crisis, we had countries that are known not to be collecting sufficient taxes to cover the public services that are needed by the citizens of those countries. We are also spending taxpayers’ monies on propping up companies that have failed and are being badly governed, as well as badly run banks.
So, really, what should we be doing? We should be encouraging a solution in the first place to all the problems I have outlined, but we should also never forget that tax competition is a very good thing to have because it encourages governments to take less of our money and to provide services more efficiently for its citizens."@en1
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