Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-283-000"

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"en.20120523.15.3-283-000"2
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"I voted in favour of the report. It is important to introduce a tax on financial transactions. The deregulated financial markets are one of the main causes of the global economic crisis. I believe that the report could have gone further, both with regard to the scope of the tax and the rate. I would also have liked to have seen it more clearly stated that the revenue must be used for aid, environmental measures and social projects in developing countries. Furthermore, I believe it would have been good to introduce supplementary tax rates for high-frequency trading, by using automatic tax rates linked to the speed of the financial transactions. However, since the introduction of this tax nevertheless represents a step in the right direction, I have voted in favour of it. Finally, I would like to emphasise that, in contrast to what is stated in the report, I do not believe that the tax revenue should go into the EU budget. It should be distributed among the Member States."@en1

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