• Speaker: Godfrey Bloom MEP, UKIP (Yorkshire & Lincolnshire), Europe of Freedom and Democracy (EFD) group.
"A Financial Transaction Tax sounds like a really good idea, doesn't it, it plays well politically. And we can hit those greedy bankers who we all hate in public, while we shovel money into their pockets in private. But I don't think it's quite going to work out that way. All taxes are passed on to customers at the end of the day. Sorry everybody, that's just how it works. So again it will be the little people that will pick up the tab. It'll be savers, it'll be pensioners and ordinary folk that pick up this tax, not the greedy, fat-cat bankers that you're trying to get at.