Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-038-000"

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"Mr President, ladies and gentlemen, Mrs Podimata’s report contains many important aspects that are not limited to the issue of the financial transaction tax. The report is packed with analysis and suggestions and I hope it is widely supported by this House. It could be the basis for the genuine new European tax policy that we need. On the subject of tax harmonisation, this report also contains proposals that move towards a tax harmonisation that gives new strength and subjectivity to Europe, although it is clear that at the moment, the debate focuses mainly on the financial transaction tax, to be applied as a first step across Europe. I think this is the time for courageous decisions, which should be applied in a balanced way, but still indicate the direction forward. I believe that Europe has a responsibility to show the world the way ahead; I believe that this House has a responsibility to send out a signal and a political message. Let me say one thing to Mr Schmidt, whose intelligence and lucidity I really respect: be careful with the arguments we use, because if we say today that we cannot levy a financial transaction tax because there are tax havens, we will make European citizens feel helpless at a time when many of these financial institutions are starting to go back into the black. Not only the Socialists are saying this. In my country, Italy, this proposal is also supported by many autonomous and independent groups; it is also supported by the Catholic, democratic movement for the promotion of development and balanced growth."@en1
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