Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-428"
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"en.20081118.33.2-428"2
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"Mr President, I believe that this debate is taking place at exactly the right time.
I would like to remind you that Hungary is the country that has used the budget deficit to the greatest degree: minus 5%. This shows us that stability in this country also has a political background. It makes no sense that, in the future, we abandon the state – and after all, this refers to all the taxpayers – to the risks involved in some businesses. In this case I completely agree with Mr Ettl, we cannot burden the taxpayers with the risks of hedge funds and derivatives as this would lead to limited purchasing power.
This is precisely what we need in Hungary: more purchasing power. We need people to invest in the country and in the companies again and this means that we need tax reductions so that investment is possible once more and not only for companies but, above all, for employees. I believe that I am drawing the right conclusions. Decisive factors are that allowances are granted, for example for energy efficiency measures, that investment bonuses are given, and that appropriate progressive depreciation is carried out.
I would like to ask Commissioner Kovács, who comes from Hungary, to set up appropriate initiatives at European level."@en1
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