Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-130-000"

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"en.20111024.15.1-130-000"2
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"Mr President, Commissioner Barnier, I think that the Slovak finance minister, Mr Mikloš, hit the nail on the head when he said that people who invest in our economy and create jobs, and who also bear the risk of doing so, should not have their money taken away from them. We should be trying to support those who create jobs and take on risks as much as possible and in such a way that they have the right liquidity. In other words, they simply need products and services that customers buy. If they can sell at a profit, that provides creditworthiness in their businesses, and that, in turn, enables them to obtain credit. That is the real challenge in this crisis – for Europe to become more competitive again. We need to see that our companies become internationally more competitive, and to do that we need a new training and qualification strategy in our businesses. Even if you only look at what energy efficiency renovation can give architects, craftspeople and new workers in Europe, you can see that it is the right strategy to pursue this and to examine whether the current taxation model in the Member States is the right one. Not for nothing is Bulgaria ahead of the pack with its 10% income tax rate, while Greece has the highest rate at 40%, and ultimately has entrepreneurs refusing to pay. In this situation, we need to become familiar with the Laffer curve, which, quite simply, expresses the optimal level of taxation."@en1
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