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Tobin Tax Initiative

Web       http://www.ceedweb.org/iirp/

Tobin Taxes are excise taxes on cross-border currency transactions. They can be enacted by national legislatures, followed by multilateral cooperation for effective enforcement. The revenue should go to global priorities: basic environmental and human needs. Such taxes will help tame currency market volatility and restore national economic sovereignty. (The name Tobin Tax and the original concept derives from James Tobin, a Ph.D. Nobel-laureate economist at Yale University.)

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finance       initiatives       taxes

This entry's contact information was last verified in December of 2013.

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