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Security transaction taxes: issues and evidence

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  • Thornton Matheson

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    Abstract

    In reaction to the financial crisis, increased attention has recently been given to security transaction taxes (STTs) as a means of (1) raising revenue for a variety of possible purposes and/or (2) helping to curb financial market excesses. This paper reviews existing theory and evidence on the efficacy of an STT in fulfilling those tasks, on its potential impact, and on key issues to be faced in designing taxes of this kind. Copyright Springer Science+Business Media, LLC 2012

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    File URL: http://hdl.handle.net/10.1007/s10797-012-9212-5
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    Bibliographic Info

    Article provided by Springer in its journal International Tax and Public Finance.

    Volume (Year): 19 (2012)
    Issue (Month): 6 (December)
    Pages: 884-912

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    Handle: RePEc:kap:itaxpf:v:19:y:2012:i:6:p:884-912

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    Web page: http://www.springerlink.com/link.asp?id=102915

    Related research

    Keywords: Financial transaction tax; Tobin tax; H21; G18;

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    Cited by:
    1. Luc Eyraud, 2014. "Reforming Capital Taxation in Italy," IMF Working Papers 14/6, International Monetary Fund.

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