Posts tagged Financial transaction tax

A Tax That is A Trap, And Deceiving

Yesterday, I read another article about enacting a transaction tax in Chicago to solve the city’s financial problems. There are alderman in the Chicago city council that want to enact a transaction tax. The Chicago Teachers Union is lobbying for …






A Transaction Tax is Not The Solution To HFT

In Europe, they are enacting a transaction tax on trading to “curb effects of HFT”.  That’s merely an excuse.  There are people out there that have proposed a transaction tax on trading for the last 50 years.  Government budgets are …






The EU Transaction Tax-Capitalism Killer

The EU is going full bore and will tax financial transactions in Europe.  This is not a novel idea.  As a member of ($CME) CME Group’s political action committee, we fought this tax every year no matter which President was …