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Merkel wants UK-like stamp duty instead of FTT. http://www.bloomberg.com/news/2012-01-19/germany-mulls-european-union-wide-stamp-tax-to-win-u-k-support.html

And my favorite lately. Nearly in the same sentence: "Introduce a financial transaction tax to improve competitiveness with the aim to foster growth.”

Trade body warns of €300bln Tobin tax cost "AIMA, which represents the hedge funds industry, said that the tax was actually liable to cost more than even the nearly €300bn cost implied by the Commission’s estimate, due to the “cascade effect” it would create, with the FTT set to be...

Annual cost of EU FTT: money market 7.82 percent, equity 2.57 percent. "Moreover, Joanna Cound, managing director, government affairs and public policy at BlackRock, argues these costs are “the tip of the iceberg”...

Other taxes will increase to pay for the cost of collecting the transaction tax: "Swedish Finance Minister Anders Borg pointed out that a financial transactions tax in his country saw implementation costs out-run revenues." http://msn.finance.com.my/index.php/rss/5504278...

Money in your pocket, capital, life savings, retirement account, is not a good or service. Tax it upon its transfer from one form of capital or use to another? Absurd to tax the exchange of small cap for mid cap, moving money from one account or purpose to another. It is equal to exchanging a...

"Some also note it also marks Sarkozy’s 180 degree turn-around on the issue. After all, this is the same Sarkozy who in 1999—and on national television—lustily mocked a Communist Party politician urging the adoption of a Tobin Tax in France in the name of fair redistribution financial...

Baker omitting the truth again. http://www.businessinsider.com/trumping-incomplete-models-on-financial-speculationtaxes-2012-1#comment-4f01c11d6bb3f72a3f000036

The FTT on banks doesn't seem to be working for them, so lately, thanks to the Defazio bill, the attack is to focus on HFT to try to get the tax started and thereby tax everyone, its main purpose. Two authors. The first doesn't have a point. The second does a good job of explaining the...

In a bull market, everyone is happy. Everyone is called an investor. Speculators do not exist. In a bear market, everyone is depressed. Everyone is called a speculator and blamed for creating the bear market.

Baker, "If this does not prevent the industry from performing its essential role of financial intermediation, then the tax will have effectively made the industry more efficient." FTT causes substantial loss in GDP. Baker logic: lower GDP means greater efficiency. GDP of zero must mean...

Good info: article and video http://www.dataexplorers.com/news-and-analysis/financial-transaction-tax-stripping-out-hype

Swedish Prime Minister Frederik Reinfeldt: 'I am against the FTT' “We have calculated in Sweden that the losses linked to decrease in GDP is even bigger than the incomes that were to be given by the FTT,” Reinfeldt said...

Very good info from the UK's European Scrutiny Committee http://www.publications.parliament.uk/pa/cm201012/cmselect/cmeuleg/428-xxxix/42806.htm Among more technical points, below is something the general public should know: for every 0.1% increase in the EU FTT rate, half million EU people...

My bookmarks and articles saved over the last three years are a mess...someday... Article from 3 years ago only mentions CIO Sauter of Vanguard saying it would cost the typical long-term investor in their funds 2 percent annually. That's all I remember. The site requires registration now...

On the average stock of $20 or so, some researcher believes spreads will be around $0.53, costing several times more than the inane tax itself. Long-term investors are the ones that need to understand that. The CIO of Vanguard estimates this FTT along with increased spreads will cost...

Europe ready to lead on transactions tax By Algirdas Å e**** European Commissioner Algirdas Se****, "My visit to Washington this week has prompted requests from many of my U.S. counterparts to discuss the financial transactions tax."...

That was a great job. You are the few that speak for us. And few can speak like that. A teleprompter would not even help me.

Commissioner tries to persuade Malta on financial transactions tax http://www.timesofmalta.com/articles/view/20111201/local/proposed-financial-transactions-tax-easy-to-implement-commissioner.396409

I haven't received a PM for a couple years. My first thought when I saw this thread was Occupy Wall Street. Then it sounds like only certain members are targeted. Yet, defective minds never do anything that makes sense to normal people. Could be some foreigner, then what could US authorities do?