Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-24-Speech-2-209"
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"en.20001024.6.2-209"2
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".
Once again, I am anxious to curtail the philosophical, ideological and political elements of my answer.
I should just like to repeat, once again, the fact that in discussing the Tobin tax, we must also question the conditions for the effectiveness of such a tax. I myself pointed out the reservations which Tobin himself expressed, in the final analysis, regarding his own instrument, particularly in terms of revenue. Indeed I think it crucial to organise, at some venue or other, debates where the arguments for both sides can be presented. I know that there are many people on both sides, both in favour of and against the Tobin tax.
I think we should perhaps attempt to get outside the too narrow area of preferences in order to also ask economic questions. The basic question I would like an answer to, and I am speaking as an all-round figure which includes my militant persona, is what are the conditions necessary for it to work."@en1
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