Activities of David CORMAND related to 2023/2058(INI)
Shadow opinions (1)
OPINION on the role of tax policy in times of crisis
Amendments (9)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Holds that the EU budget’s investment policy and its multiannual programming are a potentially stabilising factor, ensuring that certain long-term investments that enhance growtheconomic resilience, contribute to the green transition, and boost stable employment are not affected by the volatility of economic cycles and national downturns;
Amendment 8 #
Draft opinion
Paragraph 3
Paragraph 3
3. ConcedeRegrets that the EU, because of its restricted competences regarding direct taxation and social policies, as well as the limited size of its general budget, does not currently have effectivesufficient and immediate ways of redistributing income between individual taxpayers or private households in times of crisis ;
Amendment 9 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Underlines that Europe as well as the rest of the world is facing climate and environmental challenges of unprecedented scale and urgency; deplores that the polluter pays principle’s coverage and application in the EU is fragmented and incomplete, while the environmental taxes remain marginal in the total tax revenues across the EU and thus falling short of environmental taxation potential to help to fight climate change and protect nature;
Amendment 10 #
Draft opinion
Paragraph 3 b (new)
Paragraph 3 b (new)
3b. Is highly concerned that large- scale corporate tax avoidance continues to deprive governments of revenue needed to address the cost of living crisis and worsening inequalities, and at the same time to finance high-quality public services, as well as climate action, sustainable development and humanitarian responses; notes that a number of Member States continuously plays a role in enabling corporate tax avoidance;
Amendment 11 #
Draft opinion
Paragraph 4
Paragraph 4
4. Warns against taxation mechanisms that, if set up at the wrong level, might result in capital flight, with investments and other revenues flowing outside the EUCalls for a balanced EU taxation system to fight growing inequalities and to make the wealthiest individuals and companies pay their fair share of taxes, considering that they profit from the EU’s economy, workforce and infrastructures; calls on the Commission to present a proposal for a permanent excess profit tax on all sectors in order to make companies with excess profits coming from the current crisis pay their fair share and in order to fight inflation, increase revenue, boost competitiveness and curb oligopolistic powers of certain companies;
Amendment 15 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Notes that the EU should lead in taxing more effectively capital gains and wealth; calls on Member States to introduce wealth taxes; calls on the EU Code of Conduct to assess harmful tax practices to attract high net worth individuals in Member States;
Amendment 17 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
Amendment 18 #
Draft opinion
Paragraph 4 c (new)
Paragraph 4 c (new)
4c. Points out that digitalization is making the taxpayers and tax bases of all types of tax increasingly mobile; notes that this could reinforce the tendency to rely on immobile tax bases which could leads to severe unequal outcomes for ordinary citizens;
Amendment 21 #
Draft opinion
Paragraph 5
Paragraph 5
5. Asks for a portion of any revenue generated by permanent taxation mechanisms set up at EU level to be introduced as own resources, in order to improve the stabilisation function of the EU budget and fund EU policies; considers that the Commission and the Council should continually assess whetherhow any revenue stemming from new temporary crisis taxation mechanisms should enter the EU budget as own resources or other revenue;