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Small Financial Transaction Taxes Create Big Economic Impacts


How a Financial Transaction Tax would benefit us all

Designed well, a tax on transactions will play an important role in stopping the kind of financial activity that has zero benefit to society ...

Financial transaction tax - Wikipedia

This article is about a tax levied on transactions in the financial sector. For APT Tax--a small tax levied on each transaction in an economy, see Automated ...

The Financial Transaction Tax – Boon or Bane? - Intereconomics

The FTT can therefore make an important contribution to preventing the decoupling of financial markets from the real economy. The paper by Stephan Schulmeister ...

A U.S. financial transaction tax and the allocation of capital

The tax is often seen as a way to reduce the size of financial firms' profits and perhaps also tweak the relationship between the broader ...

Studies Highlighting the Damaging Impacts of a Financial ...

Multiple studies have concluded that transaction taxes are economically damaging to the jurisdictions that have imposed them, causing declines in trading volume ...

Financial Transaction Taxes and the Informational Efficiency of ...

We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on financial market outcomes. In our sequential trading model, ...

FINANCIAL TRANSACTIONS TAXES: AN OVERVIEW - Urban Institute

We discuss design options and the effects of an FTT on various aspects of financial sector behavior and its ambiguous effects on economic efficiency.

Impose a Tax on Financial Transactions - Congressional Budget Office

One argument in favor of a tax on financial transactions is that it would significantly reduce the amount of short-term speculation and computer ...

Can a financial transaction tax prevent stock price booms?

Although gains from trade arise only from subjective belief differences, introducing financial transactions taxes (FTTs) remains undesirable. While FTTs reduce ...

FINANCIAL TRANSACTION TAX: SMALL IS BEAUTIFUL - jstor

As financial transaction taxes on a significant scale are becoming a plausible prospect for Europe, this paper explores the economic advantages and disadvan-.

Financial transaction taxes in theory and practice

... financial sector behavior and its ambiguous effects on economic efficiency ... significant revenue from a small number of ... economy by creating ...

How Do Tax Policies Affect Individuals and Businesses?

Taxation also affects how entrepreneurs organize their businesses, how much to borrow and invest, and where they locate the businesses they ...

Taxing Financial Transactions: Issues and Evidence

a small number of large financial ... While all taxes create economic distortions, taxes on gross transaction values, such as gross ... Lee, 2007, “ ...

Essays on financial transaction taxes: Impact on trading volume ...

... impact of the FTT across different trading sizes. While for large trades taxation only leads to increased spreads and prices, small trades also experience a ...

“Taxing Financial Transactions: A Mirrleesian Approach”

make optimal decisions, the impact of financial transaction taxes on welfare can be analysed. In this context, Dow and Rahi (2000) show that ...

Assessing the economic impact of financial transaction taxes

The purpose of a broad tax base is to prevent potential tax evasion via the creation of alternative instruments as well as to contain negative liquidity effects ...

Financial Transaction Tax: Myth-Busting - Public Services International

On the contrary, an FTT would increase economic growth and help create jobs. ... World Health Organisation in Geneva, and disbursed to great effect ...

Assessing the Macroeconomic Impact of Financial Transaction Taxes

The equity transaction tax is found to dampen the volatility of financial and real sector variables. It also reduces long-term levels of investment and economic ...

Financial Transaction Taxes - Stephany Griffith-Jones

In the case of FTT, this means a light tax rate to make ... small tax with large consequences if they are not paid. ... the same economic and financial effects as ...

FINANCIAL TRANSACTION TAX STUDY | Copenhagen Economics

However, only taxing regulated exchanges could cause significant leakage effects; ... circumvent the negative impact of the tax providing a low ...