Latest: FAT
The good news just keeps rolling in to Sherwood. The 11 European countries pushing for a financial transaction tax aren't hanging about!
The 11 countries have lodged their official request with the European Commission asking for a financial transaction tax via the 'enhanced cooperation' procedure...
The Zero Deficit Budget that Government of the late President Bingu wa Mutharika introduced contained a lot of unpopular taxes. Among them is the introduction of Financial Services Tax which Malawians got angry with. However, the tax was still implemented and Government has been collecting the money for its general use.
The new President, Her Excellency Joyce Banda's administration will be presenting its first budget in the coming weeks....
During the summer, progress towards securing a Financial Transaction Tax (FTT) in Europe accelerated with the politics and policy finally beginning to match the level of public support. With the G20 in November shaping up to be a crunch moment, here's a quick roundup of global support for a Robin Hood Tax. We face some clear hurdles, but this is undoubtedly the closest we have been to an FTT becoming a reality.
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This blog was submitted by Action for Global Health.
There’s a buzz in the air as the ongoing battle to win support for a Financial Transaction Tax (FTT) gathers pace. Over the course of the past 18 months, the FTT has shifted from a radical idea to a realistic proposition considered by the International Monetary Fund, the European Commission and Parliament, the G20 and several national governments.
That’s no...
