Council position on the idea of a capital tax

27.10.1999

ORAL QUESTION O‑0060/99
pursuant to Rule 42 of the Rules of Procedure
by Harlem Désir, Glyn Ford, Danielle Auroi, Yasmine Boudjenah, David Bowe, Marie‑Arlette Carlotti, Paulo Casaca, Gérard Caudron, Paul Coûteaux, Olivier Duhamel, Hélène Flautre, Geneviève Fraisse, Georges Garot, Marie‑Hélène Gillig, Koldo Gorostiaga Atxalandabaso, Richard Howitt, Pierre Jonckherr, Gorka Knörr Borràs, Florence Kuntz, Jean Lambert, Bernd Lange, Marie‑Noëlle Lienemann, Alain Lipietz, Caroline Lucas, Hans‑Peter Martin, Eryl McNally, Sami Naïr, Reino Paasilinna, Mihail Papayannakis, Fernando Pérez Royo, Didier Rod, Bart Staes, Fodé Sylla, Freddy Thielemans, Claude Turmes, Anders Wijkman, Francis Wurtz and François Zimeray
to the Council

Will the Council outline its thinking on the idea of a capital tax (Tobin tax) in the light of increasing globalization and the resulting financial speculation?

 

Does the Council see such a tax as a means for generating revenue for socially valuable investment in environment, education and development across the globe?

 

 

Tabled: 27.10.1999

Forwarded: 28.10.1999

Deadline for reply: 18.11.1999