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 New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans

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CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Vide
PostSubject: New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans   New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Icon_minitimeWed Aug 17, 2011 6:38 am
Stock exchange shares and main indices lose ground as German chancellor Angela Merkel and French president Nicolas Sarkozy propose new financial transaction tax

New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Tradera



Plans for a new Robin Hood-style tax on financial dealings hit shares in stock exchange operators on Wednesday, as the financial markets balked at the latest proposals to rescue the eurozone.

The prospect of tax rate harmonisation and a new financial transaction tax, as pledged by German chancellor Angela Merkel and French president Nicolas Sarkozy, did not ease fears over the stability of the region. The FTSE 100 fell 77 points in early trading to 5279, with other European markets also losing ground.

Shares in the FTSE 250-listed London Stock Exchange fell by 6% at the start of trading, with Germany's Deutsche Bourse and pan-European exchange NYSE Euronext suffering similar falls. The three exchanges would all be affected if traders were forced to pay a small fee every time they bought and sold stocks or currencies.

Sarkozy and Merkel pledged to create a "true European economic government" following their mini-summit in Paris on Tuesday. As well as a transaction tax, the pair agreed to harmonise taxes across their two countries and push for tougher deficit reduction across the eurozone.

http://www.guardian.co.uk/business/2011/aug/17/european-markets-hit-robin-hood-tax

MOTHERFUCKERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

And look at what this cunt said:
Quote :

Tax expert Richard Murphy welcomed the commitment to a transaction tax, calling it "a welcome and overdue move that needs replication way beyond the eurozone if the feral banking economy is to be brought under control".

Feral? FERAL???

:Swearing screa

Last edited by CovOps on Wed Aug 17, 2011 6:44 am; edited 1 time in total
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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Vide
PostSubject: Re: New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans   New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Icon_minitimeWed Aug 17, 2011 6:42 am
New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Face-palm
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CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Vide
PostSubject: Re: New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans   New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Icon_minitimeWed Aug 17, 2011 6:45 am
lol!
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New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Vide
PostSubject: Re: New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans   New socialist extortion on the horizon: European markets hit by eurozone Robin Hood tax plans Icon_minitime
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