Revisiting the Tobin Tax – Financial Transaction Taxes for Burden Sharing and as Regulatory Tools
by Sony Kapoor, Managing Director of Re-Define
Tobin taxes are back in circulation again. The financial crisis has highlighted the fundamental problems of financial stability as well as the costs associated with bailouts of the financial sector.
Interestingly the family of tobin taxes, better known as financial transaction taxes ot security transaction taxes are good tools which can help tackle both of these problems [more…]