“EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.”

—  Satu Hassi

Variant: EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.
Source: Satu Hassi: Veronkierto vai hyvinvointivaltio, Voima 10/213 In Finnish: EU-maiden arvioidaan menettävän veronkierron vuoksi 1000 miljardia euroa. - Jos Suomi saisi tuosta 1000 mrd eurosta prosentin, eli väestöosuutemme EU:ssa, se olisi 10 mrd. euroa. Kuuluisa kestävyysvaje olisi hoidettu. Ellei veronkiertoa suitsija, vajeista ja budjettileikkauksista päästä eroon.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % …" by Satu Hassi?
Satu Hassi photo
Satu Hassi 2
Finnish politician and MEP 1951

Related quotes

Francis Escudero photo
John F. Kennedy photo
Bernie Sanders photo

“Ending the estate tax would give a tax break of up to $63 billion to the Walton family and $39 billion to the Kochs—but $0 to 99.8% of Americans. At a time of record inequality, the very last thing we should do is line the pockets of the rich.”

Bernie Sanders (1941) American politician, senator for Vermont

Twitter post https://twitter.com/SenSanders/status/1090306548243550208 (29 January 2019)
2010s, 2019, January 2019

Lloyd Bentsen photo

“As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.”

Lloyd Bentsen (1921–2006) American politician

quoted in [24 March 1990, Paul, Taylor, Democratic Leaders Talk Tough on Taxes;President's Promise Not to Impose New Levies Is 'Pure Bushlips,' Sen. Bentsen Declares, The Washington Post, 0190-8286, A6, http://pqasb.pqarchiver.com/washingtonpost/access/72577580.html?FMT=ABS&FMTS=ABS:FT&date=Mar+24%2C+1990&author=Paul+Taylor&pub=The+Washington+Post+(pre-1997+Fulltext)&edition=&startpage=a.06&desc=Democratic+Leaders+Talk+Tough+on+Taxes%3BPresident%27s+Promise+Not+to+Impose+New+Levies+Is+%60Pure+Bushlips%2C%27+Sen.+Bentsen+Declares]
alluding to George H. W. Bush's pledge “Read my lips: no new taxes” while accepting the presidential nomination at the 1988 Republican National Convention

John F. Kennedy photo
Michał Kalecki photo

“In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 3, The Determinants of Profits, p. 51

Li Chia-wei photo

“A new drug takes some 10 to 20 years and around US$1 billion to US$2 billion to develop.”

Li Chia-wei (1953) Taiwanese professor

Li Chia-wei (2020) cited in " WUHAN VIRUS/Use of HIV medication to be investigated as coronavirus treatment https://focustaiwan.tw/sci-tech/202002050004" on Focus Taiwan, 5 February 2020.

Gjorge Ivanov photo

“We as a non-EU country now have to protect Europe from an EU country - that is, Greece. We already had to spend €25 million in tax money. We already declared a state of emergency. And what have we received from Europe? Nothing! Not a single cent.”

Gjorge Ivanov (1960) President of Macedonia

Mr Ivanov said Macedonia was simply “paying for the mistakes of the EU”, quoted on Independent, Refugee crisis: Macedonia tells Germany they've 'completely failed' http://www.independent.co.uk/news/world/europe/macedonia-tells-germany-youve-completely-failed-a6927576.html, March 12, 2016.

Satu Hassi photo

“Björn Wahlroos declared as freedom the most rich persons tax declines and cuts in everything beneficial for the poor. Nokia applies the freedom of Wahlroos. Year 2010 Nokia paied taxes in Finland €1.5 million while three years earlier it paid almost a thousand fold €1.3 billion.”

Satu Hassi (1951) Finnish politician and MEP

Economy
Source: Nallen ja Nokian vapaus Voima 4/2012 page 11 Björn Wahlroos julisti vapaudeksi kaikkein upporikkaimpien veronkevennykset ja leikkaukset kaikkeen siihen, mistä köyhät hyötyvät. Nokia soveltaa Wahlroos vapautta. Vuonna 2010 Nokia maksoi Suomeen veroja 1,5 miljoonaa, kolme vuotta aikaisemmin melkein tuhatkertaisesti 1,3 miljardia. Sillä on väliä, onko yritysverotuksella EU-maissa yhtenäiset säännöt vai ei. Ylikansalliset firmat voivat kikkailla hyödyntämällä eri maiden verotuksen eroja. Kikkailun laillisuutta on vaikea tarkistaa, koska veroviranomaiset eivät julkista tietoja siitä, minne firma veronsa maksaa.

John F. Kennedy photo

Related topics