Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-175-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120523.15.3-175-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, today, I voted against this report on a European tax on financial transactions because I consider that the text proposed failed one fundamental test – namely, to ensure that an EU financial transaction tax (FTT) would be paid by financial institutions and bankers but not by ordinary citizens. The text today does not include the necessary safeguards to ensure that the price of an FTT would not be passed on to ordinary people through reduced returns in their pensions, increased home or car insurance or higher prices for manufactured goods.
I am convinced that the tax which is proposed today can lead only to a hidden tax on the real economy: the so-called Robin Hood tax has turned into the Sheriff of Nottingham tax. Moreover, the prospects of seeing an FTT implemented at EU level with 27 Member States involved, let alone at global level, are extremely unlikely. A European FTT without London involved in the system cannot be a serious exercise which delivers what we want – namely, to make financial institutions, bankers and speculators contribute more in return for the huge cost to taxpayers of bailing them out. The tax will simply not deliver."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata | |
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples