Same to you seasideheights. Happy New Year to all our friends on this thread. Another year has passed with no FTT in the U.S., thanks in part to our joint efforts. 2013 will be an important year to keep defending the fort.
1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
Same to you seasideheights. Happy New Year to all our friends on this thread. Another year has passed with no FTT in the U.S., thanks in part to our joint efforts. 2013 will be an important year to keep defending the fort.
Lithuania postponed plans to adopt a European Union financial-transaction tax, saying Nordic lenders with local subsidiaries in the Baltic nation question the move.
âWeâve decided to delay the decision to examine the many questions raised about what will be taxed and how it will affect the local units of foreign banks,â Prime Minister Algirdas Butkevicius said today in Vilnius, the capital. âIâll be traveling to Sweden to meet with banksâ top management.â[...]
http://www.bloomberg.com/news/2013-...transaction-tax-on-nordic-banks-concerns.html
âWeâve decided to delay the decision to examine the many questions raised about what will be taxed and how it will affect the local units of foreign banks,â Prime Minister Algirdas Butkevicius said today in Vilnius, the capital. âIâll be traveling to Sweden to meet with banksâ top management.â[...]
http://www.bloomberg.com/news/2013-...transaction-tax-on-nordic-banks-concerns.html
Lithuania Delays EU Transaction Tax on Nordic Banksâ Concerns - Bloomberg
http://www.bloomberg.com/news/2013-...transaction-tax-on-nordic-banks-concerns.html
Good news. I figured all along that Nordic banking would have enough sway to block FTT. Same story in Finland, the banks are pan-Nordic and mostly Swedish. Estonia will have to join the no-FTT block, too. The Nordic banks have been crystal clear. If you apply FTT, we will close branches, fire people and simply move banking resources to non-FTT countries._
Hopefully, this common sense spreads throughout northern Europe.
http://www.bloomberg.com/news/2013-...transaction-tax-on-nordic-banks-concerns.html
Good news. I figured all along that Nordic banking would have enough sway to block FTT. Same story in Finland, the banks are pan-Nordic and mostly Swedish. Estonia will have to join the no-FTT block, too. The Nordic banks have been crystal clear. If you apply FTT, we will close branches, fire people and simply move banking resources to non-FTT countries._
Hopefully, this common sense spreads throughout northern Europe.
Bernie Sanders is coming back again.
http://videocafe.crooksandliars.com/heather/bernie-sanders-tell-president-obama-hands-off
http://videocafe.crooksandliars.com/heather/bernie-sanders-tell-president-obama-hands-off
The transaction tax did not make the top-10 and fell into the category of "also-rans" because, according to Wein: "... either I do not believe they are as relevant as those on the basic list or I am not comfortable with the idea that they are âprobable.â
End note from article: "Over the past two years, Wien has gotten 4 of his 17 (24%) calls correct, which after adjusting for boldness, amounted to a woeful $0.67 yield."
http://www.zerohedge.com/news/2013-01-02/byron-wiens-2013-predictions-unveiled
