Merkel and Sarkozy step up tempo on Robin Hood Tax

Re-posted from Owen Tudor blog (Head of the UK’s Trade Union Congress’s European Union and International Relations Department)…..
As part of their agreement yesterday – which in general still falls well short of a solution to the Eurozone’s problems, as the European Trade Union Confederation (ETUC) pointed out – French President Sarkozy and German Chancellor Merkel… More >>

International Monetary Fund finds financial transaction taxes administratively feasible

The International Monetary Fund’s (IMF’s) fiscal affairs department yesterday posted a new working paper on “Taxing Financial Transactions: An Assessment of Administrative Feasibility”, which examines the practical issues countries should deal with in the introduction and application of a financial transactions tax (FTT).
The report states that “in principle, an FTT is… More >>