Good taxes the case for taxing foreign currency exchange and other financial transactions
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Toronto [Ont.]
Dundurn Press
©1997
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| Schriftenreihe: | Dundurn series
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| Online-Zugang: | DE-1046 DE-1047 Volltext |
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| Beschreibung: | Co-published by Science for Peace Includes bibliographical references (pages 79-84) The politics of debt, taxes and services -- Bretton Woods and foreign currency exchange activity -- The idea of a tobin tax -- Arguments in favour of taxing financial transactions -- Arguments against taxing financial transactions -- Conclusion Financial transactions taxes are in force in all the major developed countries except the USA and Canada. Typically the tax is 0.25% or less, paid whenever stocks and shares or bonds, etc. change hands. The tax originally proposed by Tobin would be a new tax applicable to all international transactions in which currency is exhanged. A similar tax in North America could bring in billions of dollars, even if the tax were as low as 0.1%. In Good Taxes, Alex Michalos puts forth the argument in favour of a financial transactions tax. He looks at the tax as being a benefit to the countries that colle |
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| Beschreibung: | 1 Online-Ressource (viii, 87 pages) |
| ISBN: | 0888669542 1554881781 1554886031 9780888669544 9781554881789 9781554886036 |