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Security transaction taxes: issues and evidence

  • Thornton Matheson


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    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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    Article provided by Springer & International Institute of Public Finance 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
    DOI: 10.1007/s10797-012-9212-5
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