Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-270-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-05-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-270-750"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-271-0002
lpv:speaker	lp:Regina Bastos2
lpv:spokenAs	substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 member; Delegation for relations with Australia and New Zealand (2009-09-16--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3 member; EMPL (2012-01-19--2014-06-30)3 member; FEMM (2012-01-19--2014-06-30)3 substitute; IMCO (2012-01-19--2014-06-30)3
lpv:translated text	"At a time when EU citizens are facing significant tax rises, along with major cuts in wages and pensions, the financial system, which is largely responsible for the current crisis, remains virtually exempt from taxation of its activities and transactions. Moreover, the severe financial difficulties that many of the Member States are experiencing prevent us from resolving future challenges such as financing growth and sustainable development. Fair taxation alternatives are therefore needed that do not punish citizens even more. According to Commission forecasts, the financial transaction tax could generate revenue of up to EUR 57 billion, enabling us to move from investment in speculative transactions to production that generates growth. When implementing this proposal, it is vital to take some precautions to prevent tax evasion, and to avoid passing the costs on to consumers and citizens. I am voting for this report, as this tax should be applied as widely as possible, and I think it benefits the EU as a whole."@en1

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