Warning of unintended outcomes of Tobin tax
By Brooke Masters, Jeremy Grant, Chris Bryant
Published October 5, 2011 FT
When José Manuel Barroso, the European Commission president, proposed introducing a tax on financial transactions in Europe, it was clear whom he had in his sights.
“It’s a question of fairness,” he said as he unveiled the proposal in Strasbourg last week. “It is time for the financial sector to make a contribution back to society”.
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