The IMF was supposed to make comments available in January on their site to stimulate debate, but nothing has been done apparently.??? Every letter/comment concerning financial sector taxation must be sent before Feb,1st to: IMFConsultation@imf.org
The spam tax suggested by Charles Goodhart is also repugnant. Stop trying to tax me and stop spending so much money.
I think it's actually good idea. Anything that will keep the lawmakers thinking away from TT is a good idea.
that's what democracy and taxes are about: the choice of lesser evils. and think of all the taxes that were imposed in the past 70 years. they were thought of to lift up all kinds of burdens. and what were the results? still more taxes! always more taxes. if politicians would ever do a great job at anything, they weren't politicians
As long as there are lawmakers in the country the taxes will be discussed over and over again. To say "no idiotic taxes" is to say nothing. Unless of course you are powerful enough to change the Constitution.
While I tend to agree, there is no harm in having some of the economists bickering between themselves... Perhaps Goodhart is the man to stand up to Nobel Krugman... And anyway an email tax would have no chance of being sold to the public at this stage...but presumably there is nothing wrong with 'putting some sand in the wheels' of the debate... Later we can throws rocks at the problem...
ICI: Transaction tax would take big bite out of fund returns http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20100103/REG/301039993/1030/MUTUALFUNDS --------------------- The above is the only article I've seen mentioning Harkin's bill, unleashed 12-23-09. "Wall Street Fair Share Act" http://thomas.loc.gov/cgi-bin/query/z?c111:S.2927: