Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-279-750"
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"en.20120523.15.3-279-750"2
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"I voted in favour of this report because it proposes a tangible solution in today’s economic situation. This is, in fact, the first step of European crisis management that will not be implemented merely at the level of international fiscal agreements, but will also have a practical impact.
Pension funds have been excluded from the scope of the report and, by extension, of the tax, and this important fact contributes to ensuring that citizens’ savings do not fall under the same treatment and regulation as the speculative financial transactions that had triggered the financial crisis.
Furthermore, since this new European tax is unlikely to be introduced globally, or, unfortunately, even Europe-wide for the time being, the report mentions a new aspect, namely enhanced cooperation, which is indeed an appropriate tool that can help ensure that financial transactions are conducted in a far more regulated and traceable manner than before, thus eliminating the risk of the financial sector once again being allowed to become entirely detached from the real economy.
The report is correct and professional when it excludes transactions upon which no transaction tax has been levied, thus allowing for increased transparency and a reduced risk of tax evasion and tax fraud."@en1
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