Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-311-500"

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"en.20120523.15.3-311-500"2
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"I have always fully supported a Robin Hood tax as I believe banks and the financial sector should pay their fair share of taxes. At the moment, the financial sector in the UK enjoys a VAT exemption in the UK of circa GBP 18 billion per annum. I believe that a well designed FTT could generate vital new funds to fight poverty and unemployment at home and abroad, as well as confronting the challenge of climate change. However, the Podimata report calls for revenues raised from the FTT to be used for EU own resources. Prioritising own resources for the EU budget does not represent the aims of the Robin Hood tax and, for this reason, I chose to abstain on the final vote. Of course, I will continue to support and campaign for an FTT and to engage constructively in the debate."@en1
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