Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-307-000"

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"en.20120523.15.3-307-000"2
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"I voted in favour of the proposal to introduce a tax on financial transactions, partly because I feel it is important to put a stop to speculative investments, and partly because I believe it is right to have the banks repay some of the huge subsidies that taxpayers have paid in the form of bank rescue packages. My vote in favour is in no way to be taken as meaning that I support the idea of the revenue from the financial transaction tax being added directly to the EU budget. I consider it crucially important that the EU’s income is democratically approved year by year by the national parliaments. I also feel it is important that the proceeds of the financial transaction tax accrue to the individual countries, so that they can decide freely how to use the money – to combat poverty in developing countries, for example."@en1

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