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

I sent an email to the PM of Finland about FTT and got a short reply.

From: x@vnk.fi" <x@vnk.fi>
Date: February 17, 2012 8:51:16 AM EST
To: <rgreencpa@
Subject: VS: IPS Story : Finland Joins Call for Financial Market Tax
Dear Robert A. Green

Thank you for your e-mail. I have forwarded the message to Mr Katainen's Special Adviser.

Yours sincerely, x
Communications Assistant
Government Communications Unit
Prime Minister's Office
Finland

Prime Minister's Office
http://www.vnk.fi/etusivu/en.jsp

-----Alkuperäinen viesti-----
Lähettäjä: Robert Green [mailto:rgreencpa@]
Lähetetty: 16. helmikuuta 2012 7:45
Vastaanottaja: VN Info VNK
Aihe: Re: IPS Story : Finland Joins Call for Financial Market Tax

Dear Honorable
Prime Minister of Finland

Please see my email below about the financial-transaction tax and how Finland could be the deciding vote to decimate finance in Europe, which is extremely counter-productive at this time. I have tremendous respect for your leadership and experience and please don't let this happen.

I am married to a Finn and we met through the NYC-based Consul General's press attaché in the early 1990s. x assisted the Chairman of Skop Bank. Kitos.

On Feb 16, 2012, at 12:34 AM, Robert Green <rgreencpa@gmail.com> wrote IPS:

Finnish ministers are contradicting each other on FTT (financial-transaction tax) and that is confusing Europe and the world. The Finance Minister and now Foreign Minister support FTT, but the Prime Minister is against FTT. The PM is the one with the best financial market experience and I hope he speaks for Finland. Your new President is against FTT, too. Your current FM doesn't seem by qualified in finance. Why can't Finland speak with one voice rather than each minister promoting their own party's position?

FTT can't pass in the euro zone without enhanced cooperation among 9 EU countries. France claims they have a vote count for 9 and include Finland on that list. That seems wrong if the PM says no FTT. Finland is the deciding vote.

Sweden is extremely negative on FTT based on trying it in the 1990s and it decimated banking, with transactions moving to London. Finland well remembers losing its banking sector in the 1990s, too. I know, I am married to a Finnish woman who came to NYC in 1989 to establish Skop Bank in America.

I travel to Finland ever year and feel part Finnish now. I am very embarrassed to think that Finland could be a deciding vote in decimating banking again.

I lead the charge against FTT at TradersAdvocacy.org.

Thanks,
Robert A. Green
CEO GreenTraderTax.com

Sent from my iPad
 
(google translation)
MILAN (Dow Jones) - Italian Prime Minister, Mario Monti, said Monday that his government supported the idea of &#8203;&#8203;a tax on financial transactions, but at European level rather than nationally.

"We are ready to support a tax on financial transactions at European level," said the Italian leader, when asked about what measures might be adopted to discourage speculation in the markets.

"The EU [European Union] examines the possibility of imposing more discipline on financial speculation than would the U.S. and the UK," he observed.

"We have no plans to implement a similar system at the national level, unlike what [President Nicolas] Sarkozy has done in France," said Mario Monti.

http://www.bfmbusiness.com/bourse/d...actions-financières-au-niveau-européen-134090
 
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