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    Forums ›› Main ›› Wall St. News ›› 1/4% Tax on all stock trades pushed in NY Times today  


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listedguru
 

Registered: Aug 2002
Posts: 1572

 

02-08-12 05:12 PM


Quote from tomdavis:

Two weeks ago the Finnish PM said he wouldn't support the FTT unless Sweden and the UK were included. The endless double-speak and mind changing on this issue is ridiculous.



I agree. If these nine countries (or some others) want to forge ahead and introduce their own ftt then more power to them. Just don't try and bully unwilling countries into joining you on the path towards destruction

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sheda
 

Registered: Apr 2011
Posts: 677

 

02-08-12 07:25 PM

France Details Financial Tax Proposal, Hopes To Set Precedent


http://online.wsj.com/article/BT-CO...208-713375.html

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Rantany
 

Registered: Nov 2011
Posts: 118

 

02-08-12 07:43 PM

Apart from the objections of Finnish PM, also Monti has 'always' said he only would support a FTT at EU(27) level, not less. I don't know how much we can trust Monti on his words, but if we can, this letter doesn't necessarily have to mean that they really are considering the option of an ‘enhanced cooperation', it still could be just a 'remarkable' coincidence. But maybe we can't trust the statements of any politician ;)

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tomdavis
 

Registered: Apr 2009
Posts: 1878

 

02-08-12 08:06 PM


Quote from Rantany:

But maybe we can't trust the statements of any politician ;)



You're right. Perhaps we should assume that politicans will do the opposite of what's logical. For example, the Netherlands has commissioned two FTT studies, one from the Ministry of Economic Affairs and one from the Dutch Central Bank. Both studies have been very negative on the FTT, even calling it a "bad idea." So, from this we should assume that the Netherlands will soon issue a statement supporting the FTT. The Dutch people I've known have always been very honest and logical, but nothing would surprise me anymore.

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Explorer
 

Registered: Dec 2009
Posts: 550

 

02-08-12 08:19 PM

The demands of votes and and wallets don't always coincide.

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Rantany
 

Registered: Nov 2011
Posts: 118

 

02-08-12 08:36 PM


Quote from tomdavis:

You're right. Perhaps we should assume that politicans will do the opposite of what's logical. For example, the Netherlands has commissioned two FTT studies, one from the Ministry of Economic Affairs and one from the Dutch Central Bank. Both studies have been very negative on the FTT, even calling it a "bad idea." So, from this we should assume that the Netherlands will soon issue a statement supporting the FTT. Perhaps Sweden will change their minds, too.



Ok, Borg (and Cameron) maybe not, but indeed it annoys me that despite all those negative advice and studies, Dutch government still hasn't spoken out loud against the FTT. Even though I can't imagine they would support it, it would be nice if they could finally confirm this.

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