Agenda Profile: Lauri Laats

Draft resolution "Proposal to the Republic of Estonia's Government Regarding the Imposition of a Temporary Solidarity Tax on the Banking Sector" (535 OE) – First Reading

2025-02-18

15th Riigikogu, 5th session, plenary sitting

Political Position
The opposition's stance on the bank tax is clear; their rhetoric emphasizes the protection of economic growth and people's purchasing power, arguing against increased taxation and criticizing the decisions made by the current leadership. They highlight the Lithuanian example as a carefully constructed model but stress that the Estonian system is fundamentally different (citing the 18% advance income tax and 22% dividend tax). They conclude that implementing a bank tax would be detrimental to both the economy and ordinary citizens. The speaker adopts a tone of strong pushback and calls for snap elections to renew the political mandate, raising questions about political stability and public trust, and pointing to a strong culture of political performance.

5 Speeches Analyzed
Topic Expertise
Demonstrable expertise in financial and tax policy: distinguishes between advance income tax, classical income tax, and the taxation of banks; presents data (percentages: 14% → 18%, dividend tax 22%, the Lithuanian system's 21% + additional interest income tax); uses comparisons of taxation between Lithuania and Estonia, including high-quality references concerning ROE and return on equity.

5 Speeches Analyzed
Rhetorical Style
An overtly combative and critical tone is employed; it utilizes emotional anecdotes (the instructive Mustamäe example, the “chicken eggs” incident) and narrative elements highlighting the “two-faced” criticism directed at the Social Democrats (Sotsid). It employs fact-based figures and claims designed to create opposition, drawing attention to the conduct of political partners (the Reform Party, Eesti 200, the Sotsid). The text is stark, confrontational, and emphasizes that the dispute must be highlighted, not compromise sought.

5 Speeches Analyzed
Activity Patterns
The speeches are highly intense and repeatedly address the same topic (criticism of the bank tax and the government’s economic policy) within the same day; there are numerous lengthy digressions, coupled with the increased use of pauses and specific references. Reference is made to a previous debate and several parliamentary factions (the Centre Party, SDE, the Reform Party, and Estonia 200). It is notable that speaking opportunities are allocated multiple times, and the plan concludes grandiosely: snap elections as the solution for renewing the mandate.

5 Speeches Analyzed
Opposition Stance
The main confrontation is with the Riigikogu coalition and the government (criticism focuses on: making decisions without a mandate; tax policy and economic management). He/She attacks the government’s tax and budget policies, accusing them of excessive austerity and unfairness, and demands snap elections and a new mandate.

5 Speeches Analyzed
Collaboration Style
Although strong criticism is voiced, highlighting disagreements (especially regarding the hypocrisy of the Social Democrats and the coalition), the text mentions possibilities for cooperation, albeit in a somewhat combative tone. This is done by referencing the Centre Party's draft legislation and a potential mutual support option (e.g., lowering the VAT on foodstuffs to 9%). The need for cooperation is acknowledged, but political opposition is nevertheless emphasized.

5 Speeches Analyzed
Regional Focus
National level; refers to the payment systems of Estonia and Lithuania and the general economic environment. An anecdotal local example in Mustamäe illustrates the impact for ordinary people, but the main focus is on the national level and international competition through comparisons of tax systems.

5 Speeches Analyzed
Economic Views
The priority is protecting economic activity and people's purchasing power: opposition to the bank tax and criticism regarding the impact of VAT. It is stressed that existing systems and the example of Lithuania demonstrate varying effects, leading to the recommendation *not* to implement a new bank solidarity payment. The government's tax and fiscal measures (VAT, income tax increases) are criticized, and the necessity of finding solutions that foster economic growth is highlighted.

5 Speeches Analyzed
Social Issues
Social concerns center on the cost of living, the rising prices of groceries, and issues related to purchasing power and social equality. It highlights the burden placed on ordinary people and recommends lowering the value-added tax (VAT) on basic foodstuffs. Furthermore, it details the impact of the coalition's policies on people's livelihoods and the resulting widespread dissatisfaction.

5 Speeches Analyzed
Legislative Focus
The main focus is on the discussion of the first reading of Draft Law 535 OE concerning the temporary solidarity tax for the banking sector. [The speaker] addresses the body as the opposition, demanding the evaluation of this draft law and a fundamental reshaping of the situation, including snap elections to renew the mandate. The background of previous legislative drafts and coalition activities is mentioned, emphasizing the necessity of guiding lawmaking through cooperation and legal debate.

5 Speeches Analyzed