NEW TAX: A group of 11 European Union countries was cleared to work on the introduction of a tax on financial transactions, potentially raising billions in new revenue to help prop up shaky banks. WHO ...
A bill that would impose a tax on high-volume financial transactions in New Jersey will be the subject of a hearing in the state Assembly next week. The meeting Monday of the Financial Institutions ...
Leading GOP members of the House Financial Services Committee have introduced legislation to block states from imposing financial transaction taxes (FTTs) on stock exchanges and broker-dealers. The ...
One of the advice industry's top challenges is to fend off state attempts to tax financial transactions even as more lawmakers in Washington are warming to the idea. Chet Helck, CEO of the Global ...
The so-called Tobin tax, named after economist James Tobin, is set to impose a levy of 0.1% on transactions in shares and bonds, and 0.01% on derivatives where at least one party to the transaction is ...
Core EU nations pushed ahead with a controversial financial transaction tax last week, triggering the ire of financial participants, who argue the tax will drain much-needed liquidity and capital. EU ...
ARLINGTON, Va.--(BUSINESS WIRE)-- Middle-class American retirement savers could pay the price of new legislation targeting financial transactions. While the legislation’s sponsors claim it is targeted ...
I’m writing about “Follow Kansas City in raising the minimum wage” by Kevin Madden (July 26) suggesting that raising the minimum wage in St. Louis to $13 per hour would be “the moral thing to do.” I ...