Good Taxes

The Case for Taxing Foreign Currency Exchange and Other Financial Transactions

Business & Finance, Economics, Foreign Exchange, Accounting, Taxation, Finance & Investing
Cover of the book Good Taxes by Alex C. Michalos, Dundurn
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alex C. Michalos ISBN: 9781459720695
Publisher: Dundurn Publication: February 1, 1997
Imprint: Science for Peace Language: English
Author: Alex C. Michalos
ISBN: 9781459720695
Publisher: Dundurn
Publication: February 1, 1997
Imprint: Science for Peace
Language: English

Financial transactions taxes are in force in all the major developed countries except the USA and Canada. Typically the tax is 0.25% or less, paid whenever stocks and shares or bonds, etc. change hands. The tax originally proposed by Tobin would be a new tax applicable to all international transactions in which currency is exhanged. A similar tax in North America could bring in billions of dollars, even if the tax were as low as 0.1%.

In Good Taxes, Alex Michalos puts forth the argument in favour of a financial transactions tax. He looks at the tax as being a benefit to the countries that collect it, as well as a possible solution to such problems as world poverty and the underfunding of the United Nations.

Good Taxes provides a thorough analysis of the debate over the proposed tax. Michalos traces the development of the debate back to the proposed Tobin Tax, then details the arguments for and against the implementation of a financial transactions tax. The conclusion is one that is sure to have an impact in North American financial circles.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Financial transactions taxes are in force in all the major developed countries except the USA and Canada. Typically the tax is 0.25% or less, paid whenever stocks and shares or bonds, etc. change hands. The tax originally proposed by Tobin would be a new tax applicable to all international transactions in which currency is exhanged. A similar tax in North America could bring in billions of dollars, even if the tax were as low as 0.1%.

In Good Taxes, Alex Michalos puts forth the argument in favour of a financial transactions tax. He looks at the tax as being a benefit to the countries that collect it, as well as a possible solution to such problems as world poverty and the underfunding of the United Nations.

Good Taxes provides a thorough analysis of the debate over the proposed tax. Michalos traces the development of the debate back to the proposed Tobin Tax, then details the arguments for and against the implementation of a financial transactions tax. The conclusion is one that is sure to have an impact in North American financial circles.

More books from Dundurn

Cover of the book Wrong Side of the Law by Alex C. Michalos
Cover of the book One Animal Among Many by Alex C. Michalos
Cover of the book Solving the People Puzzle by Alex C. Michalos
Cover of the book On Her Majesty's Service by Alex C. Michalos
Cover of the book The Great Laundry Adventure by Alex C. Michalos
Cover of the book Emancipation Day by Alex C. Michalos
Cover of the book Canada from Afar by Alex C. Michalos
Cover of the book Quetico by Alex C. Michalos
Cover of the book Bridging the Strait by Alex C. Michalos
Cover of the book Spirit Quest by Alex C. Michalos
Cover of the book The Sky's the Limit by Alex C. Michalos
Cover of the book In This Poem I Am by Alex C. Michalos
Cover of the book Then and Now by Alex C. Michalos
Cover of the book Housekeeping by Alex C. Michalos
Cover of the book Mister Jinnah Mysteries 2-Book Bundle by Alex C. Michalos
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy