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  1. R

    1/4% Tax on all stock trades pushed in NY Times today

    (hmm.. I could read my URL yesterday without subscription) No probably not, but I'm always a little suspicious about VAT taxation (as a back door FTT alternative), after reading articles like these. But maybe I'm just too paranoia ;)
  2. R

    1/4% Tax on all stock trades pushed in NY Times today

    (I guess (no subscription) it is the same article as this ) I feel a little worried about this sentence: But in the original dutch version of the CBP report this VAT is mentioned only sideways, among other alternatives like the bank tax or financial activities tax.
  3. R

    1/4% Tax on all stock trades pushed in NY Times today

    Speaking of Oxfam: Oxfam ban Somerset's Robin Hood row banker http://www.thisissomerset.co.uk/Oxfam-ban-Robin-Hood-row-banker/story-13503963-detail/story.html Highly annoying organisation which is misusing fundraising money for doubtful political campaigning, misleading the general...
  4. R

    1/4% Tax on all stock trades pushed in NY Times today

    From what I understand (I could be wrong, read too much ;) ) There was a treaty (based on Germany's proposal) which includes the FTT. Cameron vetoed that treaty (mainly because of the FTT, but probably also for sovereignty reasons) Then, the other country's negotiated further. The FTT (and...
  5. R

    1/4% Tax on all stock trades pushed in NY Times today

    Dutch PM Mark Rutte just repeated on Dutch television that he could not accept the financial demands of Cameron because these demands would hurt the financial centre of Amsterdam, and other financial centres in Europe. (in fact he should blame Merkel for that). But he told 'us' that he assured...
  6. R

    1/4% Tax on all stock trades pushed in NY Times today

    True. And if only 10 countries really decide to go 'alone' it's madness. Unfortunately I could imagine that some others would prefer the torture of a FTT above being tortured by dominatrix Merkel :D
  7. R

    1/4% Tax on all stock trades pushed in NY Times today

    According to this article, the FTT was the (main) reason for Cameron: http://www.myfinances.co.uk/investments/2011/12/09/uk-vetoes-eu-treaty-changes-over-tobin-tax-safeguards I believe 2015.
  8. R

    1/4% Tax on all stock trades pushed in NY Times today

    (sorry couldn't edit no longer) ...And if the Eurozone lastly decides NOT to go on with the FTT, then the UK could have stay 'in', and the EU wouldn't be 'split', which now has happened. And all this because Merkel wants to push this to the end.
  9. R

    1/4% Tax on all stock trades pushed in NY Times today

    It's odd anyway. The UK is 'out', because 'Europe' wouldn't give Cameron an exemption for the FTT. Dutch PM Mark Rutte said 'it would be a danger for the Dutch financial sector'. But if the Eurozone now decides to go on with the FTT anyway, technically speaking the UK would still have this...
  10. R

    1/4% Tax on all stock trades pushed in NY Times today

    There is none (at least none reliable) ;) Well, as a conservative-liberal/centre-right coalition they are actually against it, but officially they are awaiting the results of an investigation about the effects of a FTT, and until then they have no official opinion. The position of the Dutch...
  11. R

    1/4% Tax on all stock trades pushed in NY Times today

    As I understand well, this is the draft that Germany (Merkel) has rejected (Germany has rejected all proposals from everyone almost immediately yesterday). Germany seems to be not open for any reason. They arrogantly want to push their own plan (which includes the FTT) at all costs, and who...
  12. R

    1/4% Tax on all stock trades pushed in NY Times today

    I was already afraid of this: They are going to misuse the EU treaty changes, to also push a FTT, which has nothing to do with the aims of that treaty, nor with the cause of the crisis. http://www.telegraph.co.uk/finance/financialcrisis/8941875/EU-comes-under-threat-of-downgrade-by-SandP.html
  13. R

    1/4% Tax on all stock trades pushed in NY Times today

    Thanks, great comprehensive article that also can help to disprove false statements from persistent proponents like below: www_huffingtonpost.co.uk/simon-chouffot/robin-hood-tax-osborne-shows-whose-side-hes-on_b_1097541.html
  14. R

    1/4% Tax on all stock trades pushed in NY Times today

    I'm afraid that the reasons for Germany to introduce a FTT aren't solely economic anymore, but particularly to respond the (indoctrinated) public opinion that 'those greedy banks, traders, speculators and hedge funds' have caused the financial crisis, and that now is the time that they have to...
  15. R

    1/4% Tax on all stock trades pushed in NY Times today

    Merkel wants to push a Fiscal Union. All I know for now (from what I've read so far) is that members of this Fiscal Union will indeed loose their veto. I have not heard about taxation so far (only about budget control) but if taxation is part of the deal, or will proposed in the future, that...
  16. R

    1/4% Tax on all stock trades pushed in NY Times today

    A Robin Hood tax (in the EU) will raise money for Brussels, not the poor: http://www.telegraph.co.uk/finance/comment/kamal-ahmed/8872289/Sadly-a-Robin-Hood-tax-wont-help-the-poor.html
  17. R

    1/4% Tax on all stock trades pushed in NY Times today

    Philipp Rösler (FDP), the Vice Chancellor of Germany, is also against an Eurozone FTT. Hopefully he is strong enough to block the the plans of Merkel/Schäuble for an Eurozone FTT, if EU-wide seems not possible. And luxembourg, while in favor of an EU-wide FTT, has also doubts if it become...
  18. R

    1/4% Tax on all stock trades pushed in NY Times today

    Great article which clearly explains the negative effects of an EU-wide FTT, and interesting it comes from Labour. http://labourlist.org/2011/11/the-financial-transactions-tax-%E2%80%93-one-big-mess/
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