Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-300-500"
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"en.20110308.22.2-300-500"2
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"Despite agreeing with a large part of the content of this report, I could not vote in favour of it since it advocates the introduction of a financial transaction tax (at a global, or at least European, level), although it admits that the consequences of doing so need to be studied (proposing an
study for this). The party that I represent has always fought against the introduction of such a financial transaction tax in Portugal, in the light of the detrimental effect it could have on the financial markets. Portugal is exhausted and unable to deal with further tax burdens, given that in the end, this tax would be borne by the citizens, as the financial institutions would pass it on to their customers. The introduction of such a tax only at a European level could lead to other markets gaining competitive advantages in relation to European financial markets."@en1
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