Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-078-000"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20120523.3.3-078-000"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"Mr President, the financial transaction tax should act as a way of controlling and disincentivising excessively risky speculative activities in the financial sector. It is aimed at reducing speculation and increasing healthy competition, within the single market, and at generating revenue. The Podimata report has attempted to bring the Commission’s initial proposal closer to the UK’s well-known system of stamp duty, thereby making it more attractive to reluctant Member States. It is to be hoped that the Council will also get the message. While, in the Commission’s proposal, the tax would apply to transactions made by financial institutions based within the EU, the idea now is that transactions involving European assets will also be taxed, even when conducted by non-Europeans. This measure will expand the revenue base and reduce leakage. It is to be hoped that the revenue from the tax will be considered a source of own resources for the EU and its Member States, thereby reducing taxes in the Member States, but this remains undecided. I should like to finish, Mr President, by congratulating the rapporteur on the quality of her work. I hope that this symbolic document ..."@en1
lpv:unclassifiedMetadata
lpv:videoURI

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph