Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-177-000"
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"en.20120523.15.3-177-000"2
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"Mr President, it is obvious why the EU is trying to progress beyond the current situation, where 85% of its revenues come from the Member States. In my opinion, however, the financial transaction tax is not the right system for securing the Union’s own resources. We must first and foremost identify savings in budget expenditure, something which the European Conservatives and Reformists Group points out every year in the discussions on granting discharge. In my opinion, the financial transaction tax will make banking services more expensive, provoking an anti-EU backlash among European citizens and encouraging them to focus on financial transactions that are not as yet taxed. The result will be that many transactions start to be made outside the EU. I also believe that tax levels should not be identical across the EU, and that Member States should have the power to set these levels. For these reasons in particular, I was unable to back the report and I voted against."@en1
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