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Swan rejects financial transactions tax - The West Australian http://au.news.yahoo.com/thewest/business/a/-/national/12760243/swan-rejects-financial-transactions-tax/ Watch world leaders rush to say we are not following Sarkozy on FTT. It's now pretty clear that FTT is the play book for...

Dan Waters: Europe's Bad Tax Brainstorm - WSJ.com http://online.wsj.com/article/SB10001424052970204661604577184852692680374.html Excellent anti-FTT article. Explains the cascade effect very well without using that confusing term. FTT destroys money market funds over night and that is...

FTT revenues went from helping the poor in Africa to helping the 35-hour work week in France. Robin Hood - steal from the rich and pocket it.

http://m.guardian.co.uk/commentisfree/2012/jan/29/francoise-hollande-manifesto-france?cat=commentisfree&type=article. Sorry on iPhone Hollande's plan to attack and tax finance and the rich to avoid austerity is scary. Reminds me of some of Obama's rhetoric. If Hollande wins, I don't see how...

Irish want referendum on fiscal treaty - FT.com http://www.ft.com/intl/cms/s/0/7c4feb24-4a6f-11e1-a11e-00144feabdc0.html Trading no FTT for a fragile fiscal compact is fine and hopefully that is the deal for the UK. If there are referendums, that stern German-designed compact may not stand up.

I don't think Cameron wanted to leave the EU when he argued vigoriously against FTT and onerous EU regulations on financial services, or weakening of UK's own bank and market regulations. In other words, Cameron wants a vibrant and properous City of London, maintaining its role as the banker and...

These frantic last minute changes in FTT, stamp duty, stamp-duty plus, from EU-wide, to euro-zone-wide, to EZ 9+, to France only, to UK veto and stand-off ALL shows desperation and trouble for FTT proponents passing these significant tax-hike plans. While at the same time, Europe teeters...

EU Plans Complaint on 'Volcker Rule' - WSJ.com http://online.wsj.com/article/SB10001424052970204573704577185100193763384.html EU Barnier doesn't want the Volcker Rule to dampen prop trading by US banks in EU countries sovereign debt. That's an admission that dampening trading increases...

Cameron rebukes euro leaders over crisis - FT.com http://www.ft.com/intl/cms/s/0/fbeedd38-481a-11e1-b1b4-00144feabdc0.html Go Cameron, make a bid to lead the EU and dump Franco/German socialism. My Comment posted: Germany, led by East-German-politically-bred Merkel is leading the EU...

"I would be in favour of everthing: the IMF (resources), strengthening the ESM, and a very active approach from the ECB and to be very honest I think we need all three of them," Borg told reporters in Paris, when asked what was needed to prevent the Greek crisis affecting other European states...

Here's my new blog tonight. Gov. Romney’s taxes look to be compliant. Sure there are some valid questions, but that’s the case with most taxpayers. http://www.greencompany.com/blog/index.php?postid=135 As I fight off a financial-transaction tax which could put traders out of...

Good, independent French finance officials, Noyer of the French Central Bank, and Lagarde of the IMF know FTT is going to cause too much damage. While Hollande and Sarkozy both drum up and battle over votes with who can attack bankers -their scapegoats - the most. Let's get through the May...

Barnier urges Cameron and City to ‘play the game’ - FT.com http://www.ft.com/intl/cms/s/0/3523b340-4531-11e1-be2b-00144feabdc0.html See my comment there, just posted. Barnier is trying to assure the Brits that the EU can't override their tax veto on FTT and apply it in London, while...

Seems like a negotiation is underway, and the UK does not want to suffer any new taxes or pain. If other EU countries want to pass a stamp duty tax on shares only, with the same exemptions allowed in the UK, then maybe that could be okay with the UK. Can the UK withstand a new round of pressure...

Well said thanks. Our thread is more like a media blog covering an event with play-by-play updates. It's a different way to access information, based on events and links as they unfold, rather than an organized anti-FTT-position site. It's a challenge to do that, and very costly in terms of time...

I think our thread is a powerful answer to No FTT and it should be accessible to the public, especially decision makers who are weighing FTT proposals and who can harm us with bad-decision making. I am not saying to advertise this thread, but we shouldn't go out of our way to hide it either...

Bank of France Governor Noyer said FTT must be EU-wide and there are many problems with the FTT proposal. Wise man of finance and the bank governor has lots of power historically in France. http://en.wikipedia.org/wiki/Bank_of_France. In my view, this means FTT is very unlikely in France, no...

Excellent reference Explorer, thanks. I'll read it and use it in my writing.

Thanks Explorer and Tom. Our new battle cry is revised to 'FTT is bad policy because it principally falls on retail investors, pensions and hedgers. Stamp duty tax, or exchange tax is even worse because it entirely falls on retail investors, pensions and hedgers.' Stamp duty in the UK has...

FTT seems to be crumbling before our eyes. How can just a few countries pass it on their own, as that is against the spirit of an EU-wide, or at least euro zone-wide initiative? It's supposed to be a minimum of 9 or more countries in the EU that passes a new tax policy initiative, and FTT may...