Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-08-Speech-1-143"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-03-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Taxation of financial transactions (debate)2
dcterms:Language	"sv"^^xsd:language2
lpv:document identification number	"en.20100308.17.1-143"2
lpv:hasSubsequent	lp_eu:2010-03-08-Speech-1-1442
lpv:speaker	lp:Carl Haglund2
lpv:spokenAs	member; BUDG (2009-07-16--2012-01-18)3 member_of_the_bureau; ALDE (2009-07-20--2012-07-04)3 member; Delegation for relations with Afghanistan (2009-09-16--2010-12-12)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2012-07-04)3 substitute; ECON (2009-07-16--2012-01-18)3 vice-chair; PECH (2009-07-20--2012-01-18)3 substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Svenska folkpartiet (2009-07-14--2012-07-04)3
lpv:translated text	"Mr President, as we have heard here in the Chamber, the so-called Tobin Tax has been dusted off and brought out again recently as a result of the economic crisis and the increasingly troubled discussions about climate change. We have also heard that there are high hopes of this tax, which is intended, among other things, to create security on the financial markets and to generate income that can be used to fund a variety of deserving causes, such as development aid and combating climate change. In my opinion, these hopes are relatively naïve and I am very sceptical about the possibility of introducing a tax on financial transactions that really works. On the one hand, I am one of those who doubt whether it will be possible to implement the tax in practice. On the other hand, I do not believe that it will have the effect that some people are hoping for. Among other things, I am fully convinced that no tax in the world could have prevented the financial crisis which we have experienced in recent years. Personally, I am also critical of the idea of taxing something and then using the taxes raised for a purpose which has nothing to do with the activity that is being taxed. I believe that this is illogical and not a particularly sound tax policy. Please do not misunderstand me. I want to see more funding made available for development aid. I am a critic of my own country, which has not managed to reach the level of 0.7 percent of GDP that is often regarded as a minimum. The Committee on Economic and Monetary Affairs has produced a balanced document on this subject. It is good that a proper investigation is being carried out at EU level into how a tax like this could work. After this, I hope that there will be more facts and fewer political opinions in this discussion. Otherwise, we run the risk of becoming bogged down in a debate about a tax which is impossible to put into practice while, at the same time, failing to find opportunities and solutions for raising sufficient funding for development work and our efforts to combat climate change. The worst thing that could happen would be for the EU to attempt to introduce this kind of tax on financial transactions forcibly and for ideological reasons, without the rest of the world doing the same thing. This could only lead to an economic fiasco for Europe which is hardly what is needed in times like these. We must bear this in mind. I hope that the investigation will be both serious and effective."@en1
lpv:unclassifiedMetadata	"(The speaker agreed to take a blue card question under Rule 149(8))"1
lpv:videoURI	<go to Events_and_structure europarl>2

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