James Clappison
Main Page: James Clappison (Conservative - Hertsmere)Department Debates - View all James Clappison's debates with the Cabinet Office
(13 years ago)
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The Prime Minister
I do not accept either part of the hon. Gentleman’s argument. First, we are signatories to the non-proliferation agreement and are strong supporters of it. Secondly, the point of our nuclear deterrent is just that—deterrence. It is the ultimate insurance policy against blackmail or attack by other countries. That is why I believe it is right to maintain and replace it.
Mr James Clappison (Hertsmere) (Con)
Q8. Does my right hon. Friend agree that there is no case for giving the EU powers over taxation, least of all in the present circumstances? Will he assure me that the Government will simply say no to the proposed EU directive for a common corporate tax base?
The Prime Minister
I can certainly reassure my hon. Friend. Those in the EU who want to see further tax harmonisation usually make one of two arguments: either they want to raise more money for the EU, which I do not agree with, or they are trying to reduce tax competition within the EU, which I also do not agree with. It is important that we keep our competitive tax rates and do not give the EU further coverage over our tax base.