{"id":10842,"date":"2013-02-22T11:37:49","date_gmt":"2013-02-22T10:37:49","guid":{"rendered":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=10842"},"modified":"2013-02-22T11:42:47","modified_gmt":"2013-02-22T10:42:47","slug":"which-are-the-11-states-supporting-the-new-financial-transaction-tax","status":"publish","type":"post","link":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=10842","title":{"rendered":"Which are the 11 states supporting the new financial transaction tax?"},"content":{"rendered":"<p>It was originally called the Tobin tax after the economist who first proposed the idea some 40 years ago and I first blogged about it more than three years ago <a href=\"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=1616\">here<\/a>; subsequently it became known as the Robin Hood tax in a effort to popularise its appeal; it is a financial transaction tax (FTT) and it is about to be introduced by the European Commissioner Algirdas Semeta as he explains <a href=\"http:\/\/www.guardian.co.uk\/commentisfree\/2013\/feb\/21\/robin-hood-tax-step-closer\">here<\/a>.<\/p>\n<p>This small but lucrative tax will be just 0.1% on bonds and shares and 0.01% on derivatives and it will raise around \u20ac30-35bn (\u00a326-30bn or $40-47bn)\u00a0 per year.<\/p>\n<p>Eleven European Union member states have agreed to implement the tax. They are the Eurozone countries Germany, France, Spain, Portugal, Italy, Belgium, Austria, Slovakia, Slovenia, Greece and Estonia.<\/p>\n<p>Although the tax is not being adopted by the UK (which already charges 0.5% stamp duty on trading in shares), it will nonetheless have to be paid by investors trading on the London Stock Exchange who are based in one of the 11 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was originally called the Tobin tax after the economist who first proposed the idea some 40 years ago and I first blogged about it more than three years ago here; subsequently it became known as the Robin Hood tax in a effort to popularise its appeal; it is a financial transaction tax (FTT) and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-10842","post","type-post","status-publish","format-standard","hentry","category-world-current-affairs"],"_links":{"self":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/10842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10842"}],"version-history":[{"count":8,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/10842\/revisions"}],"predecessor-version":[{"id":10850,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/10842\/revisions\/10850"}],"wp:attachment":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10842"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}