Posts Tagged ‘FTT’

Could a financial transactions tax work for the UK?

by Michael Burke.

The European commission has formally adopted a proposal for a financial transactions tax (FTT — sometimes called a “Tobin tax” after the economist who proposed taxing currency trades). An FTT has long been championed by campaigners and this is regarded by them as a breakthrough. It is vehemently opposed by the Conservative government.

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