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I am guessing that Italy figured if the EU was going to propose an FTT for EU direct-federal tax revenue, why not front-run the EU and take that estimated FTT tax revenue for the Italian government instead. Like states taking sales taxes rather than the federal government in the U.S. To date...

Need some help on that WSJ comment section. Mr. Dratler posted a well written pro-FTT comment.

EU Looks to Financial-Sector Tax http://online.wsj.com/article/SB10001424052702304447804576413960092611804.html My Comment: An EU-wide financial-transaction tax (FTT) is a pipe dream. The UK and Sweden said they will vote no and it requires unanimous consent. Banks will pressure...

I decided to skip the Voice of America studio interview. Long drive to city in traffic is not worth it for a minute on air. One of you warned me about getting a fair shake on this network. Also, you suggested above that I don't take on nurses and don't talk about speculation, and both were...

Thanks for your comment. But not sure I follow you. I am focused on Main Street market makers versus Wall Street banks. In Part III, I say a FAT on banks has some merit but FTT does not. I am not pro-Goldman in general. See It’s Getting Harder To Defend Goldman Sachs...

I wish we could have a Wiki page available to the public that wove together all our Against FTT points and gathered all updates on FTT too. We could really fine tune our points and be a good resource for the media who write about FTT. Does this make sense to anyone else? Who can get this going?

Like the comments, thanks. Here's an add-on to debate the nurses, which I will do in my interview on Monday with Voice of America. Nurses and unions are marching on Wall Street and in other money-centers around the world prescribing a financial-transaction tax (FTT) to heal our wounds...

My prior draft is too long and slow to get started on point. I'll fix it and have it edited soon. Thanks.

Thanks for the heads up Tom. I will email the VoA bureau chief my blog tomorrow and ask him if I will receive a fair shake for this story. Maybe, I should insist on them publishing or linking to my FTT-opposition blog to accompany my interview, to make sure they don't edit me into a corner...

Part III Many economists are in favor of FTT, but most of them are what I call “liberal-cause economists”, who are wedded to Keynesian big-government-spending solutions. We tried that in meltdown one and it’s not working so well. Taxpayers are demanding we go to Meltdown 2.0 solutions...

Part II.... FTT would tax people twice, three, four and five times. Traders and investors already pay taxes on capital gains. It’s for this very reason, that a leading financial official of Japan said an FTT was unfair, wrong and he would not support it. The biggest rallying cry or...

Blog June 23, 2011 A new financial-transaction tax looks like juicy-low-hanging fruit, but it will make us sick. By Robert A. Green. When governments become heavy-handed with the economy and financial markets - either with onerous regulations, tax hikes or loose monetary policy –...

Dear fellow ET FTT-opposition friends: The bureau chief for Voice of America invited me to do a studio interview on FTT this Monday. "To discuss the FTT and FAT. I am interested in a response to the Nurses union and other unions who want to tax all Wall Street trades and use the money for job...

PS, I wrote a scathing blog against Goldman and flip flopped on earlier blogs in support of Wall Street. My first thought was for all traders to stick together, to fend off populist attacks on traders (big and small), including a threat of FTT. Now, I agree with others who decoupled...

Financial Times today. Financial regulation: G20 unified approach threatens to unravel Financial Times cites G20 countries not being able to find consensus over financial reform, even after several attempts over several years. Countries can't agree on capital rules, compensation to bankers...

ETFs & ETF options: A major tax update Overview of ETF tax treatment: Securities ETFs: Securities ETFs are usually Registered Investment Companies (RICs). Like mutual fund RICs, securities ETFs pass through their underlying ordinary and qualifying dividends to investors. When you sell a...

Frank wants Wall St. to pay for housing relief - The Hill's On The Money http://thehill.com/blogs/on-the-money/banking-financial-institutions/150571-frank-wants-wall-street-to-pay-for-housing-programs No mention of FTT. Sounds selective and assessed on balance sheet size - an FBT. Similar...

Transaction Tax Could Shut You Down http://www.moneyshow.com/video/video.asp?wid=6825&t=3&scode=017772 The proposed financial transaction tax could put many traders out of business, says tax expert Robert Green, who assesses this hotly contested issue from both sides. Released: 2/21/2011...

The EU FTT is apples and oranges globally, and it won't pass unless it's either apples OR oranges worldwide. So, its impossibly out of whack already and now dead on arrival. Here's why. The EU FTT mentions bank taxes, charging banks for bailouts and blaming them for the meltdown. The UK...

IL Rep. Mary Flowers http://www.ilga.gov/house/rep.asp?MemberID=1372 has no tax or business experience on her bio. She has experience spending money on entitlements like Medicaid, health, education and human services. As a Democrat and leader for big spending, it's not surprising that she would...