Registered: Aug 2002
05-31-12 08:40 PM
Quote from FightTheFuture:
The Danish Presidency is pursuing two parallel options: that of "alternative solutions" to the FTT (tax on financial activities, bank levies, etc), which are set to be examined by the experts on 1 June, and that of a light FTT.
Copenhagen suggests that the scope of the tax could initially be limited to trading in shares and bonds on the secondary market and "possibly" to undertakings for collective investment. Only at a later stage should it "possibly" be extended to derivatives.
Well let's hope these so called experts give a thumbs up to either a fat tax or some other direct tax on banks. We all know that even a 'light' ftt would put us all out of business so thats not an option