The Impact of a Financial Transaction Tax

This paper will discuss the history and current implementation of FTTs, as well as the economic effects they may have on decision-making and market quality in ...

The Impact of a Financial Transactions Tax

A broad-based financial transaction tax (FTT) in the United States would be a substantial revenue source. For example, the Inclusive ...

What is a financial transaction tax? - Brookings Institution

The Congressional Budget Office predicts a 0.1% financial transaction tax, equivalent to $1 per $1,000 traded, will generate $777 billion of new ...

Benefits of a Financial Transaction Tax - ITEP

A financial transaction tax (FTT) has the potential to curb inequality, reduce market inefficiencies, and raise hundreds of billions of ...

Financial Transactions Tax: What You Need to Know - SmartAsset

The Congressional Budget Office estimates that a financial transactions tax of 0.1% would raise $777 billion in revenue over 10 years. This, of ...

Small Financial Transaction Taxes Create Big Economic Impacts

Larger cost changes cause a larger changes in liquidity, and when costs go up, liquidity goes down. That also ultimately reduces tax revenues collected · When ...

Financial transaction taxes and the informational efficiency of ...

As a result, the effect of the tax would be socially beneficial. The opposite view is that an FTT, by introducing a friction into the trading process, slows ...

Financial Transactions Taxes: Inaccessible and Expensive

But the tax appears to have raised no revenue and had no impact on volatility or bid-ask spreads. Yet it did reduce trading volumes and made markets less ...

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, there ...

Financial Transaction Taxes: FAQs - Investment Company Institute

The tax could cause intermediaries, such as dealers and market makers, to be less willing to provide liquidity to the markets. One way these ...

The Case for the Financial Transaction Tax in 2021 - The Appeal

A Financial Transaction Tax is a small tax applied every time a financial asset is sold, the same way that we all pay a small tax when we buy a t-shirt or a ...

Studies Highlighting the Damaging Impacts of a Financial ...

Studies Highlighting the Damaging Impacts of a Financial Transaction Tax. Multiple studies have concluded that transaction taxes are economically damaging to ...

The Financial Transaction Tax – Boon or Bane? - Intereconomics

The financial transaction tax aims at reducing the number of transactions in order to bring financial market activity more in line with the level of activity in ...

Financial TransacTion Taxes in Theory and PracTice | Urban Institute

The tax could raise substantial rev- enue at low rates because the base — the value of financial transactions — is enormous. A FTT would curb speculative short- ...

Financial transaction tax study: Impact on pension savers and the ...

In time, the bill will gradually shift towards higher funding costs for companies, governments and mortgage loans. Specifically, we find that an FTT could ...

The Ramifications of a Financial Transaction Tax - SIFMA

The original concept behind modern financial transaction taxes (FTT) was the Tobin Tax. This proposed, but never enacted, ...

A financial transaction tax would help ensure Wall Street works for ...

One key parameter for how much revenue an FTT can raise is how responsive the volume of financial transactions is to changes in transaction ...

Financial transaction tax - Wikipedia

A transaction tax is levied on specific transactions designated as taxable rather than on any other attributes of financial institutions. If an institution is ...

A financial transaction tax may be aimed at hurting Wall Street. But it ...

Some claim such a tax could stabilize markets and raise revenue. They say it's a simple and easy way to raise billions of dollars at the expense ...

Study: Financial Transaction Tax Is a Tax on Retirement Savers

But according to the latest study from Modern Markets Initiative, an FTT would be nothing more than “a retirement tax” on Americans' nest eggs ...