Financial transaction taxes in the EU
" Eleven Eurozone countries recently decided to press ahead with the introduction of a system of taxing financial transactions (sometimes called a “Tobin Tax” after James Tobin, the Nobel-prize winning U.S. economist who first launched the idea). In this Policy brief, ETUI senior researcher An...
| Main Author: | |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Brussels
2012
ETUI |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19128270124919464529-Financial-transaction-taxes-in.htm |
| _version_ | 1771659893651013633 |
|---|---|
| author | Botsch, Andreas |
| author_facet | Botsch, Andreas |
| collection | Library items |
| description | " Eleven Eurozone countries recently decided to press ahead with the introduction of a system of taxing financial transactions (sometimes called a “Tobin Tax” after James Tobin, the Nobel-prize winning U.S. economist who first launched the idea).
In this Policy brief, ETUI senior researcher Andreas Botsch focuses on the state of play and the rationale for such a European Financial Transaction Tax (FTT). Not only would such a tax stabilise financial markets, it would also generate revenues to offset the costs of the financial crisis by paying partly for the burdens taken on by governments who had to bail out the failing banks.
The paper also looks at the effects of this tax on workers’ pension savings and the implementation safeguards needed against tax evasion or relocation of financial transactions once the system has been put in place. " |
| format | TEXT |
| geographic | EU countries |
| id | 19128270124919464529_349e29a383cb4ae3906086b59026519e |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19128270124919464529_349e29a383cb4ae3906086b59026519e |
| is_hierarchy_title | Financial transaction taxes in the EU |
| language | English |
| physical | 5 p. Digital |
| publishDate | 2012 |
| publisher | Brussels ETUI |
| spellingShingle | Botsch, Andreas financial market taxation Tobin tax Financial transaction taxes in the EU |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=133740295192 |
| title | Financial transaction taxes in the EU |
| topic | financial market taxation Tobin tax |
| url | https://www.labourline.org/KENTIKA-19128270124919464529-Financial-transaction-taxes-in.htm |