Jump to content

Tobin tax

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Olivier (talk | contribs) at 15:00, 29 October 2002. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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.