"George Osborne won surprisingly wide backing today for his blunt rejection of a so-called
Robin Hood tax on financial transactions that would apply only in Europe."
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"A financial transaction tax is paid for by the end beneficiaries of financial transactions"
ok, fine i can accept that to an extent - instead of the banks swallowing the whole of the tax and it being taken out of their profits they simply charge higher fees to cover the tax, however then i don't fully understand this:
"I am all in favour of taxes that are paid by bankers and banks and that is why I have introduced a bank levy in the UK paid for by banks and their shareholders."
how have you stopped the banks passing on that cost?
Posted By: Ralf Scrampton on November 8th 2011 at 14:40:47
Message Thread
- "George Osborne won surprisingly wide backing today for his blunt rejection of a so-called (General Chat) - Ralf Scrampton, Nov 8, 14:40:47
- Every fucking politician that ever takes office in this country (General Chat) - Old Git, Nov 8, 14:46:48
- agreed (General Chat) - Worzel Scrimmage, Nov 8, 14:58:14
- calm down dear (General Chat) - Tombs, Nov 8, 14:56:38
- that's what one of the Greek communist MPs was saying the other day on Newsnight (General Chat) - Ralf Scrampton, Nov 8, 15:05:03
- i'll be surprised if it doesn't end up in a big old shitfight kicking off in the balkans (General Chat) - Tombs, Nov 8, 15:15:08
- that's what one of the Greek communist MPs was saying the other day on Newsnight (General Chat) - Ralf Scrampton, Nov 8, 15:05:03
- Every fucking politician that ever takes office in this country (General Chat) - Old Git, Nov 8, 14:46:48
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