http://www.cityam.com/news-and-analysis/fury-eurocrats-vote-tobin-tax The tax would levy a 0.05 per cent fee on the total value of “every type of financial transaction” that goes through any institution in Europe, pushing up the cost of economic activity at a time when the region is struggling to stage a convincing recovery.
It would hit the foreign exchange markets particularly hard
It would hit the foreign exchange markets particularly hard
