Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-050-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-03-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Innovative financing at a global and European level (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20110307.17.1-050-000"2
lpv:hasSubsequent	lp_eu:2011-03-07-Speech-1-051-0002
lpv:speaker	lp:Gunnar Hökmark2
lpv:spoken text	"Mr President, first of all, I would like to congratulate the rapporteur for highlighting some interesting political differences in this report. Let me also clarify one thing after having listened to this debate, which is that a financial transaction tax will not be paid by anyone other than the customers. It is the same as for electricity, cars or any other goods or services. With the taxes on those, the price is increased for the customer. No banks will pay for this. Banks will, in any case, need to be increasing their capital during the coming decade. So, the tax will be directed at customers. That might be good because, of course, we need taxes. But is it a good tax? As my colleague, Mr Schmidt, mentioned earlier, we tried it in Sweden, where it was called the ‘puppy’ tax. It was more or less the same tax we are discussing now and it was a success – for the City of London! This was because the trade in shares moved to London and the trade in bonds more or less died. That is why I am a little surprised at what has been said in the debate. The difference is between those who want to know what the consequences would be and those who do not want to know the consequences – those who want an impact assessment and those who do not want one. Let us think about whether we are not at this point making the Mayor of Shanghai a very happy person. I believe we should follow the EPP line on this issue."@en1
lpv:spokenAs	substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 unknown; Moderata Samlingspartiet (2009-07-14--2014-06-30)3 chair; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-17--2013-06-30)3 substitute; ITRE (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; Conference of Delegation Chairs (2009-09-17--2013-06-30)3 vice-chair; EPP (2009-11-25--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3
lpv:unclassifiedMetadata	"Gunnar Hökmark (PPE )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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