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http://thehill.com/business-a-lobbying/102621-labor-groups-fight-for-transaction-tax-but-face-tough-battle my comment. It's time to reform unions, first focusing on run-away government jobs, higher-than-private compensation and benefits. Banks have already been reformed with Fin Reg and the...

http://m.spiegel.de/article.do?id=699672 article on friction between German and French presidents over euro fiscal plans. They are each trying to bend eachother and I suspect Germany has the upper-hand. http://m.spiegel.de/article.do?id=699615 france joins German attack on...

Seems like France promotes bank taxes but backs down when it's time to act. French banks are powerful in France and on the political stage. France is not a manufacturing star like Germany and they can't afford to penalize and hurt their banks with competitive disadvantage - if the US, UK and...

The German push for a FTT is conditional on eurozone adoption, not just in Germany. France will most likely say no FTT and delay bank taxes of any kind. That should hold off a FTT. The UK already opted out of some Eurozone bailouts, so they are very unlikely to embrace the German rash-agenda...

I heard from a trader at an Expo last year, that the a Saxo Bank forex salesman in their booth told the trader that he does not have to pay taxes in the US on his Saxo Bank forex trading gains (in Europe) until he repatriates the funds back to the US. That is completely false and has...

Where's everyone else? Hope I am not posting too much and crowding out the thread.

http://us.mobile.reuters.com/mobile/m/AnyArticle/p.rdt?URL=http://www.reuters.com/article/idUSTRE64Q2CW20100527 nice status report. FTT seems least likely of alternatives. Seems like there will be similar but different bank levies and taxes or none at all on a country by country basis. Most...

http://online.wsj.com/article/SB10001424052748704717004575268011448519600.html?mod=WSJ_newsreel_business This is good news for no FTT. Is the EU leaning towards a bank levy like the US rather than a FTT? This EU Commission proposal is very similar to earlier U.S. proposals. The $50 billion...

No, carried interest only effects investment advisers not retail or prop traders with or without MTM. SE S-Corp loophole changes don't effect retail or prop traders either. The new 2013 health care tax for the first time treats investment income - for upper income only- like earned income...

Carried interest repeal back again May 25, 2010 The good news is a financial-transaction tax (FTT) isn't part of the new Senate and House bills for financial reform, but there is, of course, some bad news: The carried interest repeal is on the table again. Details of this joint effort...

http://pda.dw-world.de/english/ua.24/mobile.A-5589684-1431.html sorry if posted already

Glad FTT is not part of the new sweeping Senate and House bills for financial reform or tax changes._ As expected all along, Congress and the Administration want to repeal carried interest tax breaks and the SE tax loophole for S-corps. The proposed Senate bill this week does both. The House...

Berlin poised for €10 billion yearly cuts._ http://m.ft.com/cms/s/0/9862a1a8-6687-11df-aeb1-00144feab49a.html?catid=6 Germany is setting an example for the euro zone with budget cuts and austerity. Hopefully, Secretary Geithner will pass on this good suggestion back in the U.S. We are all...

http://blogs.forbes.com/greatspeculations/2010/05/23/concerns-over-german-resurgence/ I will do my best to fight against a FTT on my new Forbes.com blog. Please support our joint efforts and me on the blog comment section. Thanks alot.

Agree. I am hoping for a UK and full Eurozone recovery from a bailout that works as designed, as it has done so far in the US. It would be so hurtful to people to have a W-dip recession and big meltdown 2.0. My worries about a German-led FTT are conditional on the PIIGS crisis deteriorating much...

Thanks, and I stand technically-corrected. I know the EU doesn't work like the U.S. Senate with majority and super-majority (filibuster) voting, it requires unanimous voting. I meant to say that if the UK gets desperate with it's own financial crisis (pound) caused from further meltdown, the UK...

I think the Brits lost their EU say when they opted out of the EU Greek bailout piece. Put your money where your mouth is. Plus the Brits do have a small exemption-filled stock transation tax. I am concerned about Meltdown 2.0 and Germany's unilateral resurgence in the EU, Euro, fiscal and...

http://blogs.forbes.com/greatspeculations/2010/05/20/finanztransaktionssteuer-nein/ My first forbes blog article. Germany and FTT.

http://m.spiegel.de/article.do?id=695638 http://m.spiegel.de/article.do?id=695679 Per my post last night, Germany has stepped out beyond EU consensus to vigorously combat financial irresponsibility and defend the Euro and EU financially. A FTT may be part of it. Der Spiegel English version...

http://www.businessweek.com/ap/financialnews/D9FP68J80.htm The Germans hate the EU-PIIGS bailout and speculators, hedge funds and traders trashing their Mark-morphed Euro. German fear of inflation and financial irresponsibility is stronger than in other countries including the US. German...