Tag Archives: Tobin tax

Tobin Tax = a tax on financial transactions

Sounds like Jason Ruspini shouldn’t lose sleep over it —it won’t happen: Previously: – Paul Krugman Tries to Foist Specious Argument in Tobin Tax Debate. – Jason Ruspini is against the Tobin Tax.

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Paul Krugman Tries to Foist Specious Argument in Tobin Tax Debate.

It was a nice try but short term financing wasn’t a root cause of the crisis. Highly leveraged, incompetent financing, along with a host of agency problems and too little, not too much, trading share most of the blame. Since … Continue reading

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Nancy Pelosi: Wall Street tax must be international.

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Jason Ruspini is against the Tobin Tax.

Jason Ruspini: Stock market winnings are taxed. It’s called capital gains, and the rate for short term trading of stocks is the normal income rate for individuals. Of course, this tax will be felt for ordinary investors that hold mutual … Continue reading

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