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Responses to Criticisms of Taxes on Financial Speculation
Publication Date: January 2010
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Topic: Banking and finance (Taxation and tax policy)
Keywords: financial transactions
Type: Brief
Abstract:
Although the national debate on financial transactions taxes has just begun, there have been a wide range of responses arguing that the tax is either undesirable or unenforceable, or both. This paper presents a brief response to these criticisms.