Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-385-250"

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"en.20120419.15.4-385-250"2
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"I abstained on the resolution ‘Call for concrete ways to combat tax fraud and tax evasion’. I absolutely agree that tax fraud and tax evasion by big business needs to be tackled. It is scandalous that they fraudulently avoid paying taxes despite already legally getting away with a scandalously low level of taxation. I call for an increase in taxation on big business and supported amendments which called for a 25% minimum rate of corporate taxation in the EU. I support the parts of the resolution that called for an end to banking secrecy, regulation and transparency of company registries and making the tax system more effective and efficient. However, the resolution favours less tax for corporations and supports the Fiscal Treaty. Moreover, experience shows that claims like ‘shifting tax away from labour’ in reality mean less direct taxation and more indirect taxation that hit workers and the poor hardest and are antisocial. This is seen in Ireland now with the imposition of household and water taxes which is another attempt to make workers pay for the crisis of capitalism. Therefore I could not vote in favour of this resolution."@en1
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