You know that the London Stock Exchange currently implements transaction taxes and that it generates billions (€3.8bn per year) yearly in revenue? [1] How abou

You know that the London Stock Exchange currently implements transaction taxes and that it generates billions (€3.8bn per year) yearly in revenue? [1] How about all these other countries that have implemented or are currently implementing them? [2] Looks like this clause is why the UK was successful while Sweden may not have been: "The tax is charged whether the transaction takes place in the UK or overseas, and whether either party is resident of the UK or not." Clearly the UK being a much larger securities market is a much better parallel to the US than Sweden. It all probably comes down to the implementation. [1] https://en.wikipedia.org/wiki/Financial_transaction_tax#United_Kingdom https://en.wikipedia.org/wiki/Financial_transaction_tax#Unit... [2] https://en.wikipedia.org/wiki/Financial_transaction_tax#United_States https://en.wikipedia.org/wiki/Financial_transaction_tax#Unit...