Translation of "diminution de recettes fiscales " (French → English) :

As regards the Commission's argument that the scope for public authorities to adjust refunds seems to point to discretionary treatment of economic operators that goes beyond the simple management of tax revenue by reference to objective criteria, which, in the Court of Justice's view, may mean that the individual application of a general measure takes on the features of a selective measure , the French authorities underline that a general measure covering all producers was introduced starting in the 2009-2010 marketing year in view of the end of the milk quota system and that the refund threshold of 1 % or 2 % is not discriminatory, beca ...[+++]use it applies to all milk producers on the basis of the quantity in excess of the individual quota, which de facto means a reduction of the tax applied.

– will result in a further weakening of purchasing power and internal demand, a decrease of tax receipts and a prolonging of economic stagnation or a falling back to recession, and with such austerity policies the officially proclaimed aim of reducing public debt, increasing employment and ‘greening the economy’ very likely will not be achieved,

The risk of not doing enough or of doing it too late is much, much greater than the risk of doing too much, as it will result in increased unemployment and in reduced tax revenue, which will affect the social problems experienced in the Member States.

Also in the specific field of raw materials, the Commission has undertaken several development-oriented programmes: for instance, through FLEX, the Commission supports developing countries’ national budgets, where there has been a drop in export-related fiscal revenue.

Low efficiency and unequal access result in high hidden costs – reduced tax revenue, increased requirements for health care and support from public funds, as well as the costs associated with a higher level of antisocial behaviour.

In spite of the cyclical weakness in the economy this seems defensible and should therefore be accepted in so far as it takes the form of lower tax revenues or unavoidable internal security and defence expenditure.