EU TOBIN TAX.. PUT ON YOUR HAT Mr BRITT
Brief Introduction by Hugo Adan
STOP SABOTAGING YOUR PARTNERS!!
STOP SABOTAGING YOUR PARTNERS!!
TOBIN TAX IS THE ONLY
WAY TO SAVE
THIS MULTI-TITANIC
SUNKING or COLLAPSE!!
THERE WON’T BE BOAT
FOR ALL EU SUCKERS!!
Mr. Britt don’t pay
attention to the article below,
that is the opinion
of a tiny minority,
now represented by
voice of Russia UK (VoR).
But the way, using
the word CITY for the bankers is
a rude offense to intelligence?
Does VoR believe that
UK citizens are idiots?
To me the Bankers,
the oligarchy, are the idiots.
That they are going
to lose 25% of its revenues,
It was about time, if they believe they are part of
the nation.
At least the cleptocratic ruler in Europe knows that
violent dictatorship on their nation will lead to
violent revolution of the oppressed people. This may
explain why
Italy, Germany and Scandinavian countries accept the Tobin
tax.
Here in America only one time in history (F.D Roosevelt,
1933)
bankers accepted a deal with the oppressed & keep the
nation united.
Since the mid of 1960th they went back to the
time of Al Capone
and used arms and corporate media to silence people grievances.
The cleptocratic-banker
here will not accept the Tobin tax easily,
they prefer to impose debt-slavery , currency devaluation,
salaries stagnation, cut in social benefits.. to cope with
the crisis.
Perhaps when revolution is about to explode the Tobin tax
will come.
People’s rebellion is brewing fast, they knew it, that explains
why they are stilling American gold and sent it to Hong
Kong.
The super-gangsters here are condemned to fierce
retaliation.
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BRITAIN BRACED FOR DEFEAT OVER TOBIN TAX THAT COULD COST
CITY MILLIONS
[Here only extracts]
The so-called Tobin tax is a levy on transactions between
financial institutions such as share deals, but critics say it will hit British
shares and bonds. VoR's Brendan Cole spoke to institutional investor Colin
McClean.
The tax has support among many after taxpayers
faced massive bailout bills following the global crash.
The idea of a Robin Hood Tax was
first conceived in 1972 by Nobel Prize winner JamesTobin, which proposed a
currency transaction tax as a means of addressing the volatility of
international exchange rates.
Colin McLean told VoR: “It
could hit some of the financial services companies … the banks and the [fund]
managers and insurers operating in London. It certainly indicates the EU tax
will have a reach and a cost into London.
“They’re
certainly relying on opinion polls that suggest that a majority support it, and
there seems to be a determination to rush this through before the European
elections in May. So there seems to be a determination to demonstrate that
something’s been done by the existing politicians on what they think is a
popular move.
“The
signs that we got from Italy’s first year with its transaction tax was that its
activity and trading volume on its stock market have dropped by 25 percent when
others have risen by 5 percent. The signs are already that this type of measure
could cut activity quite a bit ad so could impact London.
“It
may be [watered down] and that may be by exempting, possibly, derivatives or
perhaps foreign exchange [transactions]. There may be some particular aspects
that you water down, but the actual principle of taxing activity and
transactions – and taxing them as long as either the counter-party, or the
seller or the buyer has a link with the EU – I think they could be taxed elsewhere
in the world. I think that could ultimately cut financial activity quite a bit
and I think it may not raise the money that’s expected.
“It’s
projected to raise about a half of one percent of GDP in each country and I
don’t think it’s going to do that.
“The
[European] Commission has suggested that it is not going to delay simply
because of appeals, so it’s likely as if they’re going to progress in
implementing this and leave the appeal to later on, or it could very well be
that there’s a very early verdict given on it, it doesn’t look as if the UK are
going to get this delayed simply by court action.”
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