Tax Policy as a Crisis Management Tool in the EU

by name voted on 12.12.2023

Summary

This opinion suggests using EU tax policy and new revenue sources to better manage economic crises, fight inequality, and fund climate action.

9 12.12.2023

Other

budget

economy

finance

taxation

environment

social policy

public administration

Key points

The EU budget should act as a stabilizer to protect long-term investments, such as the green transition and stable employment, from economic volatility.
There is a need to expand the EU's own revenue sources, including following existing roadmaps and introducing a financial transaction tax.
Strengthening EU powers in taxation and moving toward qualified majority voting could help combat inequality more effectively.
Fighting corporate tax avoidance can provide necessary funds for public services, climate action, and addressing the cost-of-living crisis.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Documents (PDFs)

DRAFT OPINION on the role of tax policy in times of crisis OPINION on the role of tax policy in times of crisis DRAFT REPORT Role of tax policy in times of crisis REPORT Role of tax policy in times of crisis

These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.