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  1. E

    1/4% Tax on all stock trades pushed in NY Times today

    http://ft.com/cms/s/0/e423df68-30fe-11e3-b478-00144feab7de.html
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    1/4% Tax on all stock trades pushed in NY Times today

    (google translation) [...]During the meeting, Schaeuble issued a clear rejection of the introduction of a national transaction tax. "Whether the (one solo, the note) would be a good solution, yes you can look at times when our neighbors in France. Have considerable problems and achieve only a...
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    1/4% Tax on all stock trades pushed in NY Times today

    http://bloomberg.com/news/2013-10-03/merkel-is-key-to-currency-trading-levy-hsbc-says-is-terrifying.html
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    1/4% Tax on all stock trades pushed in NY Times today

    Commentators are now also saying that the CDU has done much better than expected and may even achieve an absolute majority. This would be equally good as a coalition with the FDP from an FTT point of view.
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    1/4% Tax on all stock trades pushed in NY Times today

    Exit polls are currently showing the FDP on 4.8%. Commentators on CNN believe there will be a grand coalition.
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    1/4% Tax on all stock trades pushed in NY Times today

    I'm no expert but this is what I understand: The current government is a coalition between Merkel's CDU/CSU alliance and the much smaller FDP. The other main party in Germany, after Merkel's CDU/CSU, is the socialist SPD who are fanatical supporters of the FTT. It was because of the...
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    1/4% Tax on all stock trades pushed in NY Times today

    I bet many of the 11 countries would privately agree with you but they can't say so publicly without looking like idiots for signing up in the first place. In any case it is surely inconceivable now that all 11 countries would go ahead with a residency principle FTT and risk big lawsuits...
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    1/4% Tax on all stock trades pushed in NY Times today

    http://www.dw.de/eu-official-rules-out-financial-transaction-tax-for-2014/a-17082355
  9. E

    1/4% Tax on all stock trades pushed in NY Times today

    http://blogs.ft.com/brusselsblog/2013/09/eu-legal-opinion-against-the-ftt-full-text/
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    1/4% Tax on all stock trades pushed in NY Times today

    Wasn't there a report back in May saying that some of the 11 states were getting cold feet and were looking for a dignified exit (or words to that effect)? Having the Council's own lawyers declare it illegal is a pretty useful exit rationale for those countries, as in - "We desperately...
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    1/4% Tax on all stock trades pushed in NY Times today

    EU lawyers say transaction tax plan is illegal (Reuters) - A plan to tax financial transactions in 11 European Union member states from 2014 is illegal, the bloc's lawyers have concluded, dealing what could be a final blow to the measure as proposed. [...]...
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    1/4% Tax on all stock trades pushed in NY Times today

    "It would be premature to declare the financial transaction tax dead, but at the moment there are more questions than answers." http://www.stuttgarter-zeitung.de/inhalt.finanztransaktionssteuer-die-finanzsteuer-haengt-in-bruessel-fest.b02c05b4-27fd-4613-a788-488142e2e548.html (in german)
  13. E

    1/4% Tax on all stock trades pushed in NY Times today

    (google translation) Bielefeld (ots) - German Finance Minister Wolfgang Schäuble (CDU) has warned against exaggerated expectations of the proposed financial transaction tax. He also criticized his predecessor, the SPD Chancellor candidate Peer Steinbrück. On the question of whether the...
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    1/4% Tax on all stock trades pushed in NY Times today

    (google translation) LONDON - The negotiations on the introduction of a financial transaction tax in many EU countries are sluggish, according to a press report. "In Brussels, it is as impossible that such plans to introduce the year eleven EU countries and a financial transaction tax,"...
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    1/4% Tax on all stock trades pushed in NY Times today

    Croatia may be ready to join FTT-11 http://kurier.at/politik/eu/brauchen-steuer-auf-finanztransaktionen/23.810.893 (in german)
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    1/4% Tax on all stock trades pushed in NY Times today

    http://www.lowtax.net/asp/story/front/Germanys_Steinbrck_Slams_FTT_Delays____61723.html "Due to the ongoing delays, the German Government now expects that the FTT will not now enter into force before 2015, although most likely will apply in 2016."
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    1/4% Tax on all stock trades pushed in NY Times today

    SPD still hell-bent on FTT :- (google translation) "It is a scandal that Black-Yellow further delayed the financial transaction tax," Steinbrueck said the Süddeutsche Zeitung. "With their delaying tactics, the federal government does favor with the banks and prevents them finally asked for...
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    1/4% Tax on all stock trades pushed in NY Times today

    Merkel's coalition headed for election victory: poll http://www.expatica.com/de/news/german-news/merkel-s-coalition-headed-for-election-victory-poll_271027.html Good news if it comes to pass and the SPD does not form part of a coalition.
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    1/4% Tax on all stock trades pushed in NY Times today

    http://uk.reuters.com/article/2013/08/02/markets-stocks-tax-idUKL6N0G04TE20130802
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    1/4% Tax on all stock trades pushed in NY Times today

    Exactly. ..this is going nowhere.
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