Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-183-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110308.22.2-183-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, ladies and gentlemen, introducing a new tax is always a measure to be considered with great care. If, on the one hand, it allows the introduction of a system of incentives that reduces risk and negative externalities, on the other hand, it certainly creates distortions that could penalise European financial markets.
I am convinced that the income from speculative activities and financial transactions should be taxed, just as I also feel that it is appropriate that the pros and cons should be assessed carefully and that a tax of this kind should be thoroughly investigated so that it produces the desired effects without ceasing to generate wealth.
However, I must point out that, logically, if the Union was to act in isolation, it might lose competitiveness and would not have any practical means of inducing other global economic players to follow suit. This is precisely why I favour taxation, provided it is introduced globally and after discussion amongst the G20."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples