The Failure of a Tobin Tax

Discussion in 'Economy' started by Toro, Nov 5, 2011.

  1. Toro
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    Toro Diamond Member

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    The Tobin Tax is a very bad idea.

    FT Alphaville » Would you feel three basis points?
     
  2. zzzz
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    zzzz Just a regular American

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    Trickle down economics. No matter what they charge it trickles down. The companies (people) with money will always pass on higher expenses to the consumer and continue to make a profit.
     
  3. Toro
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    Toro Diamond Member

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    Trading Tax: Dumb And Dumber
     
  4. Sheldon
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    Sheldon Senior Member

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    Yeah to an extent. If they pass down too much shit they could end up reducing potential profit as people vote with their money elsewhere. We're seeing that with large banks bleeding customers because of the Fed's limit on interchange fees. They might have to start eating some of those expenses.
     

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