Friday, June 22, 2012

Financial Executives Call For A Financial Transactions Tax

Financial Executives Call For A Financial Transactions Tax: In an open letter to G20 and European leaders, 52 experts in the financial industry, including seven former executives from Goldman Sachs and JP Morgan, urged the world’s leaders to pass a financial transactions tax (a small tax on stock trades). The letter states that “these taxes will rebalance financial markets away from a short-term [...]/p