Agenda Profile: Evelin Poolamets
Draft resolution "Proposal to the Republic of Estonia's Government regarding the introduction of a temporary solidarity tax on the banking sector" (487 OE) – first reading
2024-10-22
15th Riigikogu, 4th session, plenary session
Political Position
The political focus is currently on the temporary solidarity tax for the banking sector, which is strongly supported as a reasonable measure for channeling profits back into society. Emphasis is placed on the necessity of addressing the significant injustice perceived by the public, stemming from the sudden rise in Euribor. The political framework aims to identify policy solutions to prevent similar situations from occurring in the future.
2 Speeches Analyzed
Topic Expertise
The presenters demonstrate expertise regarding the taxation of the banking sector, the impact of Euribor, and the timing of tax legislation. Specifically, they address the technical issue concerning the impossibility of retroactive taxation and propose concrete solutions for triggering taxation when a certain Euribor level is exceeded.
2 Speeches Analyzed
Rhetorical Style
The style is formal and analytical, focusing on a political solution and ensuring justice. A moderately insistent tone is used, emphasizing that the draft law is "hopelessly late" and referencing the injustice perceived by society.
2 Speeches Analyzed
Activity Patterns
There is too little data.
2 Speeches Analyzed
Opposition Stance
The criticism is indirectly aimed at the inaction of the government or the previous legislature, given that the measure is now "hopelessly late." The target of this taxation is the banking sector, whose windfall profits are viewed as a source of social injustice.
2 Speeches Analyzed
Collaboration Style
The speakers demonstrate a willingness to cooperate by supporting the draft bill under discussion and referencing questions raised by colleagues (e.g., Sõerd) in order to further develop the topic. They are open to seeking solutions that would help prevent situations in the future.
2 Speeches Analyzed
Regional Focus
The focus is national, centering on the taxation of the Estonian banking sector and the impact of Euribor on society as a whole.
2 Speeches Analyzed
Economic Views
There is strong support for the redistribution of profits via a solidarity tax, aimed at channeling the banking sector's windfall profits back to society. Furthermore, regulatory measures are favored that would automatically link taxation to economic indicators, such as the Euribor level, thereby ensuring fiscal fairness.
2 Speeches Analyzed
Social Issues
The main social issue is economic justice and the perception of unfairness in society, which has arisen due to the massive profits made by the banking sector during the rise of Euribor. Taxation is seen as the solution to ensure social solidarity.
2 Speeches Analyzed
Legislative Focus
The legislative focus is currently on supporting the existing draft decision, but even more emphasis is placed on creating forward-looking, preventative solutions. The priority is developing a mechanism that would allow profits derived from a sudden increase in Euribor to be automatically taxed in the future, provided they exceed a specific percentage threshold.
2 Speeches Analyzed