Tagged: financial transactions tax
A coalition of ten European countries moved forward with a proposal to implement a tiny tax on financial transactions at today’s Economic and Financial Affairs Council (ECOFIN) meeting in Brussels.
The growing class divide on airplanes feels a lot like America’s.
An innovative new tax could fund climate transition and help rebuild the social safety net. So why is the White House knocking it?
Obama officials have presented the big bank fee as an alternative to a financial transaction tax — but these taxes address two very different problems.
countries are already raising significant revenue from national financial transaction taxes.
Feeling like taxes are more unfair than ever?
Government officials from an elite group of developed countries meeting in Washington DC appear to be on the brink of instigating yet another big bank giveaway, this time in the name of fighting climate change.
Global campaigners are pushing European Union countries to be ambitious in targeting a significant portion of revenue from taxing financial transactions to fight climate chaos.
European ministers didn't even have to take a formal vote because it was obvious that there was sufficient support to move ahead.
Yeas outnumbered nays by a margin of 6-to-1. The next step will be a vote in the European Council, which is likely to happen in early 2013.