Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-513-000"
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"en.20110608.20.3-513-000"2
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"Today, during the vote on the Garriga Polledo report on Investing in the future: a new Multiannual Financial Framework (MFF) for a competitive, sustainable and inclusive Europe, I abstained from voting on the amendments tabled by the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, the Group of the Greens/European Free Alliance and the Confederal Group of the European United Left – Nordic Green Left concerning the forwarding to the European Commission of suggestions regarding the introduction of a tax on financial transactions. I could not support this course of action, although I am an ardent supporter of a tax which would provide the EU with its own revenue. A European tax will guarantee that the EU’s goals can be accomplished, without the constraints imposed by the positions of the Member States, which too frequently sacrifice the EU’s interests to short-term goals. However, I believe that it is unwise to propose the introduction of a tax on financial transactions in the European Union alone. We are faced with the challenge of making the European economy the most competitive in the world and, in my opinion, it is unacceptable to create a burden which will result in the outflow of capital from Europe. Similarly, I believe that attempts to introduce a carbon tax as an alternative to FTT are exceptionally harmful."@en1
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