Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-301-750"
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"en.20120523.15.3-301-750"2
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"Since the start of the economic and financial crisis affecting Europe, the idea of the introduction of a financial transaction tax (FTT) has been gaining ground. Whilst the latest Eurobarometer survey shows that 66% of Europeans support the idea, and Parliament has been requesting an FTT for almost two years, the Commission put forward a legislative proposal in this connection at the end of 2011. The European Parliament, which was consulted on this proposal, never questioned the amount of the tax – set at 0.1% for shares and bonds and 0.01% for derivatives – or the schedule (the tax coming into force before the end of December 2014). On the other hand, the text calls for the tax to be better designed to ensure that more operators are subject to it and that tax avoidance is a low-return venture. Furthermore, the text leaves open the question of the allocation of the financial resources generated by the FTT, leaving open the possibility for the development of the least developed countries to be financed, at least with part of the revenue from this tax. I consider these points to be fundamental, which is why I supported this resolution. The ball is now firmly in the court of the Council."@en1
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