Good taxes: the case for taxing foreign currency exchange and other financial transactions
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Bibliographische Detailangaben
1. Verfasser: Michalos, Alex C. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Toronto [Ont.] Dundurn Press ©1997
Schriftenreihe:Dundurn series
Schlagworte:
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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
Beschreibung:1 Online-Ressource (viii, 87 pages)
ISBN:0888669542
1554881781
1554886031
9780888669544
9781554881789
9781554886036

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