« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

An IMF white paper on Taxing Financial Transactions (FTT)

By: tkc in ALEA | Recommend this post (0)
Wed, 17 Aug 11 8:55 PM | 21 view(s)
Boardmark this board | The Trust Matrix
Msg. 05641 of 54959
Jump:
Jump to board:
Jump to msg. #

http://www.imf.org/external/pubs/ft/wp/2011/wp1154.pdf
It seems to me at first blush this would be a relatively easy and relatively painless revenue enhancement for the U.S. Right now the SEC only has a 13 basis point fee. I would oppose any fee on transactions w/i a retirement fund. It would not impact low income, while it may dissuade day trading and high frequency trading. Many ways to do it, w/ examples from many many other countries.


- - - - -
View Replies (1) »



» You can also:
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next