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it's not up to the IMF, so their opinion isn't that relevant. no way this will happen, every single politician in power will be finished. politicians are way too much short term focused and power-hungry to let this happen. the imf guy should be fired. not for the idea itself, but...

http://www.youtube.com/watch?v=GEAGdwHXfLQ dutch documentary on hft that aired this week, but this video is 100% english. includes ib-boss petterfly, a hft trader that blew up and gone whistle blower, and some other moderately interesting people.

i completely agree. but extremists are coming at us from different directions, not just the one that's being refered to.

you have every right to your own opinion, and you are way more of an expert on what's happening in your own country than me so I won't comment, but please also don't pretend like you now what's going on in other countries because it's obvious you don't. i am from holland myself, so on my own...

excellent. voice of reason at least. and thanks to the european commission for spending millions of our money on an extremely stupid plan, apparently without first checking it with their own legal council.

let's face it. an ftt WITH market maker exemption would most likely work. it's ridiculously unfair. a measure targeted to hit the big boys, is tweaked and tweaked until the big boys are exempt. all that "let's go after the people who start the crisis" rhetoric, all bs. if the euro-ftt...

no, you're being realistic.

where exactly are you comparing this to? and how come you believe you can compare any bailout on a per capita basis per se? it's not like the Cyprus bailout, with primarily its out-of-control-banking-sector (and, let's not forget, a tiny population, so per capita goes up pretty fast; if...

i do think you're seeing ghosts here. The FTT has never been that big of an issue on the European political level, the Cyprus-thing was huge. I don't believe any FTT-vote made any difference here. And these last few weeks everyone involved, including Rehn and Dijsselbloem, have made it very...

wow impressive... if that's all true, this would be very very good news. germany has until recently been vocal about this though, merkel even mentioning it in her monthly talk a few weeks ago; personally i don't quite see them doing a 180 without losing their face (and i thought the liberals...

i have no idea why you posted this in this thread and what's the relevante to any ftt, but it was actually an ex-day.

either way, jack lew speaking out so clearly against any ftt, without any room for negotiation, is a very good development.

i looked it up in the Q&A, i had the example the wrong way: Does the proposed FTT respect the relevant territoriality rules? Yes. The proposed FTT for the 11 Member States is fully in line with international law and EU taxation principles. Taxing cross-border services is a well-established...

i disagree about this. in the press conference a journalist asked semeta to consider the case of a danish party (non ftt) trading a german bond with a swedish party (non ftt) at the kopenhagen exchange. the journalist asked why semeta would expect any one to collect the ftt here, as the trade...

plus there are some pretty hefty double taxation problems what if an investor trade shares with a ftt-trader on the london stock exchange? he would have to pay BOTH the UK Stamp Tax AND the EU FTT. this is going to go crazy. it's exactly the way how one would design an FTT when most of...

afaik, as indicated in the old proposal (and there haven't been changes in this respect in the new proposal) both parties are liable for tax when trading with a european counterparty, regardless of the issuance principe. so in above example the american would be liable as well. the issuance...

yes they are exempt (and also were exempt in the original proposal btw, no changes there)

the dutch fm told a dutch new agency today he was "disappointed" by the FTT Proposal by the EC, especially since there was no exception made for pension funds. he wants to keep trying to change this, but for now with the current proposal the netherlands will stay out of the ftt.

my personal opinion: if anything this proposal, which went even further than the original, is good for us. no compromise whatsoever, no deals under the table, semeta is attacking this head-on and is giving the non-ftt part of the world the finger. now the real fight can begin, especially since...

lots of news this morning US banks warn over planned EU ‘Tobin tax’ http://www.ft.com/cms/s/0/d1b16f7a-7601-11e2-8eb6-00144feabdc0.html#axzz2Ks9YaU8G also, semeta presented the updated draft of the eu ftt. nothing new, no pensionfunds exemption and they want to apply AND a residence...