The Same Heart - Financial Transaction Tax
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The Same Heart - Financial Transaction Tax
Stories and news on the effort to implement a small tax on global financial transactions for a consistent source of funding for ODA
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Robin Hood Activists Take Aim at Wall Street — Global Issues

Robin Hood Activists Take Aim at Wall Street — Global Issues | The Same Heart - Financial Transaction Tax | Scoop.it
The Robin Hood Tax coalition, an umbrella group of sympathetic organisations, has put its weight behind a bill, "The Inclusive Prosperity Act," introduced in the House of Representatives by Rep. Keith Ellison.
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Don't Believe the Hype - The Robin Hood Tax Is Alive and Kicking

Don't Believe the Hype - The Robin Hood Tax Is Alive and Kicking | The Same Heart - Financial Transaction Tax | Scoop.it
Authored by David Hillman, Chair of the Robin Hood Tax Campaign. Originally published in the Huffington Post.
I was honoured recently to receive the Sheila McKechnie award for the campaigning work I've done with the Robin Hood Tax.
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EU lawyers say transaction tax plan is illegal | Reuters

EU lawyers say transaction tax plan is illegal | Reuters | The Same Heart - Financial Transaction Tax | Scoop.it
LONDON (Reuters) - A plan to tax financial transactions in 11 European Union member states from 2014 is illegal, the bloc's lawyers have concluded, dealing what could be a final blow to the measure as...
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A setback for implementation of the FTT...down, but not out.

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The Inclusive Prosperity Act

The Inclusive Prosperity Act | The Same Heart - Financial Transaction Tax | Scoop.it
The official web site of Representative Keith Ellison (DFL-MN).
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"Mischaracterization" of Huge Derivatives Trades at JP Morgan Chase, Says Congressional Subcommittee

"Mischaracterization" of Huge Derivatives Trades at JP Morgan Chase, Says Congressional Subcommittee | The Same Heart - Financial Transaction Tax | Scoop.it
“Make believe voodoo magic ‘composite hedge,’” is what regulators examining massive bets by JPMorgan Chase are calling it, financial gambits that led to losses of $6 billion last year.
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It's time to tax financial transactions - Washington Post

It's time to tax financial transactions - Washington Post | The Same Heart - Financial Transaction Tax | Scoop.it
It's time to tax financial transactions Washington Post Once championed by the granddaddy of liberal economics, John Maynard Keynes, the banner of a financial transactions tax has been picked up by conservative economists including Sheila Bair,...
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Time to Revive the Financial Transaction Tax

Time to Revive the Financial Transaction Tax | The Same Heart - Financial Transaction Tax | Scoop.it
A financial transactions tax would take a 3-cent nip out of every $100 traded, and raise billions. The burden of proof is on opponents to explain how so slender a tax could harm the capital markets.
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It sure is!

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French FTT Fails To Reap Results In 2012 - Tax-news.com

French FTT Fails To Reap Results In 2012 - Tax-news.com | The Same Heart - Financial Transaction Tax | Scoop.it
French FTT Fails To Reap Results In 2012 Tax-news.com In force since August 1, 2012, France's financial transactions tax generated a mere EUR200m (USD269m) for the state between August and November last year, less than half the amount expected...
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Open Europe blog: The FTT debate rumbles on...

The FT reported today on the latest draft proposals for the EU financial transactions tax (FTT), which is proceeding under enhanced cooperation with 11 countries taking part. These are the highlights from the FT's report (since ...
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EU to Present Financial-Transaction Tax Proposal on Feb. 14 - Bloomberg

EU to Present Financial-Transaction Tax Proposal on Feb. 14 - Bloomberg | The Same Heart - Financial Transaction Tax | Scoop.it
EU to Present Financial-Transaction Tax Proposal on Feb. 14
Bloomberg
The European Commission will present plans on Feb. 14 for a financial-transaction tax to be applied by a group of interested member states.
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Think the financial transaction tax is really an EU tax? Think again. - thenewfederalist.eu

Think the financial transaction tax is really an EU tax? Think again. - thenewfederalist.eu | The Same Heart - Financial Transaction Tax | Scoop.it
National Union of Public and General Employees
Think the financial transaction tax is really an EU tax? Think again.
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Germany, France and nine other EU countries approved tax on financial transactions

Germany, France and nine other EU countries approved tax on financial transactions | The Same Heart - Financial Transaction Tax | Scoop.it
France, Germany and nine other European Union states side-stepped British opposition this week and won approval for a tax on financial transactions, it emerged on Wednesday.
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EUobserver.com / News In Brief / Up to Cyprus to decide on financial transactions tax, says Germany

"Germany is advocating with every occasion for a financial transactions tax, but taxation is a national matter. It's up to Cyprus to decide on it," a spokesman for the German finance ministry said Monday.
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We Need a Robin Hood Tax for Welfare Relief | Nursing Clio

We Need a Robin Hood Tax for Welfare Relief | Nursing Clio | The Same Heart - Financial Transaction Tax | Scoop.it
By Austin C. McCoy I wish I found the idea of cutting $39 billion from the federal government's food stamp program (Supplemental Nutritional Assistance Program, or SNAP) during a recession unbelievable.
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EU commissioner insists 'Robin Hood' tax legal - GlobalPost

EU commissioner insists 'Robin Hood' tax legal - GlobalPost | The Same Heart - Financial Transaction Tax | Scoop.it
IBTimes.co.uk EU commissioner insists 'Robin Hood' tax legal GlobalPost The European Commission on Tuesday sharply rejected suggestions that a controversial Financial Transactions Tax, championed as a way of making the banks pay for their past...
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Financial Transaction Tax: MEPs push wide scope and attention to pension funds - EU News

Financial Transaction Tax: MEPs push wide scope and attention to pension funds - EU News | The Same Heart - Financial Transaction Tax | Scoop.it
BBC News Financial Transaction Tax: MEPs push wide scope and attention to pension funds EU News The Economic and Monetary Affairs Committee stood by its guns on Tuesday in supporting the Commission's proposal for a wide-scope financial transaction...
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Reports: US 'Corporate Tax Dodgers' Keeping More Money Overseas

Reports: US 'Corporate Tax Dodgers' Keeping More Money Overseas | The Same Heart - Financial Transaction Tax | Scoop.it
Andrea Germanos, staff writer at Common Dreams
 
Why should ordinary taxpayers have to sacrifice while highly profitable corporations are using accounting acrobatics and tax havens to avoid paying their fair share?
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The time is right for a financial transaction tax - The Guardian

The time is right for a financial transaction tax - The Guardian | The Same Heart - Financial Transaction Tax | Scoop.it
The Guardian The time is right for a financial transaction tax The Guardian If ever there was a time to seek international consensus on a financial transaction tax it is now, as countries continue to deal with the aftermath of the global financial...
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Taxing Wall Street Can Stop "A Ruinous Situation for Millions of Families"

Taxing Wall Street Can Stop "A Ruinous Situation for Millions of Families" | The Same Heart - Financial Transaction Tax | Scoop.it
Millions of Americans are paying interest rates approaching 20 percent on credit cards, although banks are borrowing money from the Federal Reserve at close to 0 percent.
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Opting out of the financial transaction tax - Irish Times

Opting out of the financial transaction tax - Irish Times | The Same Heart - Financial Transaction Tax | Scoop.it
Market Playground Opting out of the financial transaction tax Irish Times Sir, – At a time when the Government is cutting social services, reducing overseas aid and increasing taxes on ordinary citizens, the decision to opt out of plans to...
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Europe's robust financial-transactions tax | Felix Salmon

Europe's robust financial-transactions tax | Felix Salmon | The Same Heart - Financial Transaction Tax | Scoop.it
The details of Europe's new financial transactions tax won't be made public for a few weeks, but the FT's Alex Barker has seen a draft, and it looks impressively robust.
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Leaked EU FTT will likely hit the City too, whether we want it or not - New Statesman

Leaked EU FTT will likely hit the City too, whether we want it or not - New Statesman | The Same Heart - Financial Transaction Tax | Scoop.it
Leaked EU FTT will likely hit the City too, whether we want it or not New Statesman The EU has less high-frequency trading (HFT) than the US, and the EU-wide FTT doesn't include a measure proposed by the Hollande government in France which would...
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Europe Authorizes “Robin Hood Tax” on Financial Transactions

Europe Authorizes “Robin Hood Tax” on Financial Transactions | The Same Heart - Financial Transaction Tax | Scoop.it
Support for the tax on stocks, bonds, and derivatives was so strong among EU finance ministers that it wasn’t even necessary to take a formal vote.
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European transactions tax agreed

European transactions tax agreed | The Same Heart - Financial Transaction Tax | Scoop.it
EU finance ministers give the green light for 11 eurozone members, including France and Germany, to prepare a new tax on financial transactions.
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National Union urges Harper government to join EU counterparts in ... - National Union of Public and General Employees

National Union urges Harper government to join EU counterparts in ... - National Union of Public and General Employees | The Same Heart - Financial Transaction Tax | Scoop.it
National Union of Public and General Employees
National Union urges Harper government to join EU counterparts in ...
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