Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-295-500"
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"en.20120523.15.3-295-500"2
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"We voted in favour of the Podimata report proposing the introduction of a financial transaction tax (FTT). This is, moreover, the fourth time during this legislative term that, on behalf of the Reformist Movement, we have supported the implementation of such a tax instrument. This decision, which has been nurtured since 2008, has a double objective: to correct the abuses of the financial markets and to gather in financial resources intended for common European objectives (general EU budgets and specific policy purposes, such as development aid). We do not under-estimate the difficulties associated with the implementation of this tax at EU level. Moreover, it is essential that the political decision to introduce it is preceded by precise rules on the base, rates and scope of the tax. It is clearly necessary to ensure that small investors and pensioners are not penalised by any additional tax. More generally, the introduction of an FTT gives Member States the opportunity to reduce their national contribution to the EU budget by up to 50% and to rethink a system of finance that has become obsolete. All that is needed is for an ‘avant-garde’ of Member States to assume its responsibilities and set a good example."@en1
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