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 Full text 
Monday, 14 September 2020 - Brussels Provisional edition

Draft Council decision on the system of own resources of the European Union (continuation of debate)

  Paul Tang (S&D). – Mr President, by agreeing to a EUR 750 billion package, EU leaders have crossed the Rubicon.

Yet, just as Caesar’s success was far from guaranteed, this package alone might not bring us the recovery that we wish and the sustainability that we need. We may run out of steam before we reach our destination, and without proper own resources we will run out of steam.

To avoid cutting back on future EU spending, the EU should have income to repay its debts, and this income should derive from areas where European action is of added value. To make polluters pay a fair price, to make digital companies and large corporates pay a fair share, we need European action including a Common Consolidated Corporate Tax Base, and by asking for this now, the European Parliament is paving the way for a real success.

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