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Uh, that's a great idea, has this ever been proposed formally?
by catmanjan 6y ago
Uh, that's a great idea, has this ever been proposed formally?
- deleted 6y ago[deleted]
- spiralx 6y agoFinancial transaction taxes have been introduced in any number of countries, the majority of which have ended up repealing them: the tax raised on transactions is outweighed by the loss of capital gains caused by a reduced number of transactions occurring. And in today's global financial system you could end up like Sweden, where introducing an FTT saw 80% of trading move to London within a year...