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Tobin tax

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A Tobin tax refers to the suggested [tax]] on all trade of currency across borders. This is supposed to put a penalty on short-term speculation in currencies.

The name comes from the economist James Tobin.

  • [1] A info page about the concept.
  • [2] ATTAC (Association for the Taxation of financial Transactions for the Aid of Citizens) is an organisation that promotes the idea of a Tobin-type tax.
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