Skimming a few billion off the top: can the speculators be taxed?: An article from: Arena Magazine

This digital document is an article from Arena Magazine, published by Arena Printing and Publications Pty. Ltd. on April 1, 1998. The length of the article is 4241 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Currency speculators have earned vast sums while causing uncertainty for international trade, but few laws control these activities. The tax proposed by the legislator Tobin in 1978 would have taxed every international currency exchange based on the amount in the transaction, from three cents to five dollars per thousand dollars. This could raise large revenues, but most countries would have to agree to the proposed structure.

Citation Details
Title: Skimming a few billion off the top: can the speculators be taxed?
Author: Alan Roberts
Publication:Arena Magazine (Refereed)
Date: April 1, 1998
Publisher: Arena Printing and Publications Pty. Ltd.
Issue: n34 Page: p33(6)

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