Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-050-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-05-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Common system for taxing financial transactions (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20120523.3.3-050-000"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-051-0002
lpv:speaker	lp:Werner Langen2
lpv:spokenAs	member; Conference of Delegation Chairs (2009-09-30--2014-06-30)3 member; EPP (2012-02-03--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 chair; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-30--2014-06-30)3 unknown; Christlich Demokratische Union Deutschlands (2009-07-14--2014-06-30)3
lpv:translated text	"Mr President, if Mr Madlener feels this is a phoney parliament, then he is perfectly free to resign his seat today, and then he will not have to consult with us any further. Overall, the Commission has tabled a good proposal. It is better than many others, such as in the area of energy taxation. It is good on the residence principle, on the tax rates, on the reasoning. I salute the Commissioner. What I cannot support is the justification. In his opening remarks, he repeated that this tax must come about without adding to the tax burden on citizens. However, this is an illusion. If we tax the financial market, then we know full well that, in the end, the burden will be borne by consumers, customers, citizens, and not by an anonymous financial market. I am convinced that what this is about is a different issue entirely, which is that the financial market has to be slowed down. If the financial market has to shrink overall and return to its service function in order to achieve this, then such an instrument – high-frequency trading has already been mentioned, elements are included in our proposal – is certainly ideal for this. However, linking it all with own resources, revenues and issues of fairness is not sufficient for its implementation. I believe it is important that we somehow prompt London, the largest market, to come on board. That is why it is important to have a clear vote in Parliament, because more than two thirds of all financial market transactions in the EU of 25 Member States are made via London. If we only manage a partial solution, then we will not make progress and will not achieve our objective. That is why I am asking for a clear vote in favour of this financial market transaction tax, in order to create a basis for the whole of the EU to participate. Naturally, one cannot simply disregard the alternatives that are currently being discussed in the Council, namely, an expanded stock exchange tax that includes derivatives. We have passed a regulation on derivatives and created the conditions for this. It all belongs together, and I hope that we will support the Commission on this with a clear vote."@en1
lpv:unclassifiedMetadata	"(Applause)"1
lpv:videoURI	<go to Events_and_structure europarl>2

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