Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-044-000"

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"en.20110307.17.1-044-000"2
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"Mr President, the issue of innovative financing at global and European level is not only important but also extremely current. I find it regrettable that it has been reduced to the existence or non-existence of a new financial transaction tax, but even so, I will not duck the debate. There are a series of questions that I would ask here. First of all, does this House know of any crisis that has been resolved through the existence of a new tax? Do you know of any studies on the cost of administering this new tax? Do you know of any studies determining the effects that this new tax will have on the economy? To be completely honest, I do not know of any. Moreover, do you know of any form of regulation that is carried out by establishing new taxes, or is regulation carried out through supervision and control of the market? It seems clear to me that that is the case. I will finish by calling for this debate and discussion to be undertaken with the proper level of calm, and not on the basis of the ideologies of those little concerned with the growth of the economy and of businesses, and with public wellbeing."@en1
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