Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-08-Speech-1-151"

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"Mr President, Commissioner, it seems that you, Commissioner, are responsible for taxation and that your contribution to the 2020 strategy in that area will be to propose an innovative type of taxation. Coming up with innovative types of taxation requires courage and you should not brush aside all the intelligent and constructive work done by your predecessors. I note that the 2020 strategy does not even mention harmonisation of corporation tax; perhaps you left it in a drawer somewhere. I suggest that you take a slightly closer look at that. If, however, you demonstrate that same courage regarding the tax on financial transactions, we will not get very far. Within the European Union and the Commission to which you now belong, the conclusions of the G20 seem to be gospel. The tax on financial transactions figures in the conclusions of the G20, so we are asking you to implement them. Please do not present us with the argument that we need to do what everyone else is doing, because when President Obama, under the influence of Paul Volcker, proposes reforming the United States’ banking system, he is turning his back on the conclusions of the G20! Why would we rule out a method which could be good for the United States? All the more so, Commissioner, because I note that your colleague, Mr Barnier, said that this reform could be well suited specifically to the American situation and have nothing to do with Europe; that Europe had its own path to follow in the area of a tax on financial transactions. That is true. We await your courageous and innovative proposals, Commissioner."@en1
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