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

[Explorer]

http://openeuropeblog.blogspot.co.uk/2013/05/if-you-had-kept-quiet-you-would-have.html?m=1

"If you had kept quiet, you would have remained a philosopher" - The Commission utterly fails to address participants' concerns over FTT

 

[Explorer]

EU Financial Transaction Tax support 'dead in the water'

Rumours circulate that initiate close to losing vital Easern European backing.....

http://www.hfmweek.com/news/2013/05/eu-financial-transaction-tax-support-dead-in-the-water

Need subscription to read the rest of the article unfortunately.

The only Eastern European countries in the 11 are Slovakia, Slovenia and Estonia.

 

[TraDaToR]

http://www.ft.com/intl/cms/s/3/371999a2-c2f9-11e2-9bcb-00144feab7de.html#axzz2To3DAjKF

 

[Explorer]

German SPD divided as SPD State leader warns Schaueble on FTT

http://www.sueddeutsche.de/wirtscha...mid-stellt-sich-gegen-eigene-partei-1.1679806 (in German)

 

[listedguru]

Quote from Explorer:

EU Financial Transaction Tax support 'dead in the water'

Rumours circulate that initiate close to losing vital Easern European backing.....

http://www.hfmweek.com/news/2013/05/eu-financial-transaction-tax-support-dead-in-the-water

Need subscription to read the rest of the article unfortunately.

The only Eastern European countries in the 11 are Slovakia, Slovenia and Estonia.

Very good news here indeed. Almost all of the articles regarding the ftt lately are very negative. It seems as though the wheels are falling off this proposal at a very fast rate

 

[Explorer]

Nine European Associations Warn About The Negative Impact Of The Proposed FTT

http://www.mondovisione.com/media-a...bout-the-negative-impact-of-the-proposed-ftt/

 

[Explorer]

[...] Today saw yet another German voice raised again the tax – this time from the very party that is meant to be its greatest champion. Nils Schmid, Baden-Württemberg's Minister of Finance – from the German social democrats (SPD)— wrote a letter to German Finance Minister Wolfgang Schäuble condemning the FTT in its current form as “rubbish.” Ouch. [...]

http://openeuropeblog.blogspot.co.uk/

 

[tomdavis]

Robert Reich calls for "tiny tax" on Wall Street

http://www.huffingtonpost.com/robert-reich/wall-street-democrats_b_3333408.html


Hit the comments section. Tell him why you think the FTT is a bad idea.

 

[Rantany]

Coeure says ECB ready to help set up financial transaction tax

(Reuters) - The European Central Bank is willing to offer help setting up Europe's planned financial transaction tax to ensure the levy does not destabilise financial markets, the Financial Times quoted a policymaker on Monday as saying.

[...]

http://uk.reuters.com/article/2013/05/27/uk-ecb-financialtransactiontax-idUKBRE94Q03V20130527

 

[tortoise]

This sounds like a death spiral to me...

http://www.newsdaily.com/business/f...nancial-transaction-tax-unlikely-to-come-soon