I try going back pages reading, but is too hard the info keep changing all the time. By your mood i assume that FX is going to get hurt by FTT right?
The europeans cant implement a FX FTT any time soon due to legal reasons (But im sure they are stupid enough to want to do it if they could) No other market center would be stupid enough to do it as the business will just move to somewhere which doesn't implement the tax. So there would have to be global agreement for an FTT on FX to ever happen, so very unlikely. Stocks seem to be the main target at the moment.
. But caps on deductions, higher taxes on investment income and a financial transaction tax are worth fighting for, as are broader tax reforms, like a carbon tax and a value-added tax, that could take effect as the economy recovers. <http://www.nytimes.com/2013/01/07/opinion/the-next-round-of-tax-increases.html?hp&_r=0> you can always depend on the times. the times is a testing stage for the obama administration to gauge public opinion.
http://www.livemint.com/Money/9pAH8...ndian-markets-is-almost-going-undetected.html "In addition, they donât have to worry about securities transaction tax"
Any updates on the QMV vote? Any idea when it's going to take place? It's been pretty quiet lately -Guru
This will probably make the Dutch government say yes to the FTT. http://blogs.wsj.com/brussels/2013/01/08/from-obscurity-to-eurogroup-chief/ Appointing Dijsselbloem as president of the eurogroup is a smart thing to if you want a country to shut up and just follow, so you can force whatever you like.
Reality does not exist in their world: "We would urge the mutual funds Stevens represents not to pass along this small sales tax..." http://thehill.com/blogs/congress-b...all-sales-tax-on-wall-stree-reaps-big-rewards
reality is not the issue. power is the issue. be prepared to show the numbers behind the destructive nature of the ftt. if that author can write so can you.
That article is written by one of the Robbbin Hooood (intentionally misspelled to avoid google from finding it) Tax groups. We need to hit the comment section at the bottom of that article.