Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-08-Speech-1-156"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-03-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Taxation of financial transactions (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100308.17.1-156"2
lpv:hasSubsequent	lp_eu:2010-03-08-Speech-1-1572
lpv:speaker	lp:Catherine Stihler2
lpv:spoken text	"Mr President, in the UK at the moment, a campaign called the Robin Hood Campaign has been launched involving NGOs, churches and civil society, and fronted by the actor Bill Nighy. Commissioner, if you have not looked at their website, I would highly recommend it to you as part of this debate. The basis of the campaign is a financial transaction tax at 0.05%, which they believe would raise something in the region of GBP 37 billion. So the financial transaction tax is not about people going to a cashpoint and withdrawing money: this is about non-public transactions and it is about those who have contributed to the financial crisis giving something back. If I put that into perspective, I listened to John Kay the economist about three weeks ago; he came to Scotland to speak, and if Scotland had been an independent country and our banks had collapsed, each man, woman and child in Scotland would have been liable for GBP 750 000. Now we cannot allow that to happen in the future. It has not happened at the moment, thank goodness, because we in Scotland are part of the United Kingdom, but in the future, we must look seriously at the financial transaction tax and look at how it would be applied. The Robin Hood Campaign is an interesting one and I think there should be an 80:20 split within it; 80% going to public services and 20% to making sure we have a fund to ensure that the banking crisis does not happen again. Thank you, Commissioner, and I look forward to your proposal. Maybe you could give us a time-scale on when we will hear what your opinion is. I know that the EU 2020 will come forward in April, but it would be good to hear your time-scale."@en1
lpv:spokenAs	member; IMCO (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2010-10-06)3 unknown; Labour Party (2009-07-14--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Delegation for relations with the United States (2009-09-16--2010-10-06)3
lpv:unclassifiedMetadata	"Catherine Stihler (S&D )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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