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Here's my final edited blog article on this subject. UK charities are teaming with UK celebrities and economists to promote a Robin Hood tax on banks. A new campaign has launched — here’s the initial press from London: http://robinhoodtax.org/...

Let's see if this UK-based campaign comprising 48 UK-based charities and UK celebs hits our side of the pond like the Beatles or a dud. No WSJ or NYTimes as of tonight. Did just see businessweek/bloomberg UK just ran it. I think it's going to lauch in the US too. The US too but much weaker. Time...

There are tons of Google results already for Bill Nighy and taxes, or Richard Curtis video. I think this campaign will get lots of media attention. Global charities, progressives, the green movement and climate change people are very frustrated and they are especially upset at banks for...

Updated version, and just gave it to my editor for my blog tomorrow. She will whittle it down to size. Any ideas for it? Global charities are teaming with celebrities and economists to promote a Robin Hood tax on banks. A new campaign has launched tonight and here’s the initial press...

Just submitted this Comment on those earlier links. The campaigners learned that a financial-transaction tax falls on the middle-class, so they are refocusing their attack on the villains of the moment, banks. The G-20 is planning a bank levy and they want to carefully deal with banks while...

Newamerican article discussed above is a far-fetched conspiracy theory. Don't agree that a FTT would be good for Goldman. They fast trade millions of transactions on trading desks and that would never be exempt from FTT. Also disagree that the US administration would support the tax. FTT is a...

http://m.ft.com/cms/s/0/0330ba78-149f-11df-9ea1-00144feab49a.html?catid=2&SID=3420d2cee98a482d5db98964a6bddffb this article about speculators ganging up against the Euro and EU governments complaining about speculators explains well why FTT advocates are attacking speculators with a tax to...

http://m.spiegel.de/article.do?id=675759&p=1 Tax Gridlock including on the FTT in my view. Tax proposals are unlikely in Germany, as it could ruin their Center-Right business coalition. Germans keep saying Deutsche Bank should remain in universal banking, with no punitive bank taxes - and...

Wondering why some European leaders are still proposing a FTT? Do they believe in taxing most transactions in general - like VAT (value added tax) and gas taxes which are far higher in the EU than in the US? VAT is an income/sales tax at each stage of production and distribution. Why can't...

sorry, not sure he was asking my opinion.

Here's the news story with the journalist I spoke with last week, and posted about on this thread. See his article at http://www.thompson.com/images/tpg/pdfs/mony0210-washington.pdf It's on page 2, "DeFazio Seeks Transaction Tax."

http://online.wsj.com/article/SB10001424052748704259304575043164259509250.html?mod=WSJ_hps_sections_news Geithner Says Proposed Bank Fee Is Antidote to AIG Bonuses Green Comment on WSJ site: A punishing-bank tax on big banks to repay TARP loans is unconstitutional. "Let Wall Street Pay...

2011 Budget - first quick comments No FTT mentioned from our first look. We noticed one item that specifically affects dealers, but probably not traders. See the 2011 Budget at http://www.treas.gov/offices/tax-policy/library/greenbk10.pdf , refer to page 32 of the PDF file (36/153)...

We will get back to basic fiscal-politics 101 this week. The Democrats will say let's raise taxes - on the bad guys who deserve it of course (the big-bad-banks and global-corporations). The Republicans will say let's cut spending way beyond the window-dressing the President offers in his...

The insurance levy seems the most legal of all choices discussed. My earlier posts about the bank fee said it made some business and political sense. And it was preferable for our cause instead of a FTT. The President's budget will be read and analyzed this week and Congress will weigh in with...

PS a FTT is equally or maybe more unconstitutional than the Obama bank fee as you read through that law link in my last post. http://www.businessinsider.com/iphone/index?a=obamas-bank-tax-is-unconstitutional-2010-1 Congressmen - not judiciary - want to punish speculators who are required...

http://www.businessinsider.com/iphone/index?a=obamas-bank-tax-is-unconstitutional-2010-1 google bank fee unconstitutional and several links. A punishment robin hood tax singling out wall street or traders to give money to another preferred group is a violation of equal protection and a...

Don’t trample on traders constitutional rights with a financial-transaction tax. I want to delve more into the constitutional law issue on selectively taxing and punishing Wall Street and traders in order to turn over those tax collections to another group who the federal government curries...

Update: This same journalist sent follow up questions after the President's State of the Union address. Bob - A follow-up question for you. Last night, the President called on the Senate to pass the House jobs bill in his state of the union address. As we've discussed, that bill is financed...

A journalist contacted me for help with his story on the financial transaction tax. "As discussed, I’m writing a story on DeFazio’s jobs bill, H.R. 4191, for Money Manager’s Compliance Guide (Jan. issue attached). Our readership consists of registered investment advisers, with a small...