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NielsenDK

Registered: Oct 2007
Posts: 93

11-19-09 12:44 PM

Russia considering tobin tax

http://online.wsj.com/article/BT-CO...119-702602.html

The two frontrunners for the EU presidency, Jean-Claude Juncker and Herman Van Rompuy, that will be decided today, both support a tobin tax

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ksharmon

Registered: Nov 2009
Posts: 216

11-19-09 02:24 PM

new post up from green

http://www.greencompany.com/blog/index.php?postid=36

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drukes1234

Registered: Aug 2002
Posts: 1050

11-19-09 02:25 PM

Quote from NielsenDK:

Russia considering tobin tax

http://online.wsj.com/article/BT-CO...119-702602.html

The two frontrunners for the EU presidency, Jean-Claude Juncker and Herman Van Rompuy, that will be decided today, both support a tobin tax

Seems like Russia is considering a tax on cross boarder currency trades, it mentions nothing about equities, options etc, let's hope it stays that way.

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OldTrader

Registered: Sep 2002
Posts: 3099

11-19-09 03:56 PM

Geithner comes out again against the transaction tax in Congressional hearing. I could kiss the guy. Looking for a video of the statement now.

OldTrader

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ksharmon

Registered: Nov 2009
Posts: 216

11-19-09 03:56 PM

geithner was just asked about the transaction tax and he said no in the hearing on tv for those of you listening or watching

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rsikit

Registered: Jan 2008
Posts: 1046

11-19-09 03:56 PM

Did anyone just see the exhange with Geithner and the lady grilling him about the transaction tax, I caught the end of it, but she sounded like she was totally against it and how innnappropriate any tax would be on transactions or even fees. She asked Geithner a few times about it, and he said the administration does not support it, and it was not appropriate for our country. Thas a good sign there!!

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