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Financial Transactions Tax: Panacea, Threat, or Damp Squib?

Patrick Honohan and Sean Yoder.

in The World Bank Research Observer

February 2011; p ublished online August 2010 .

Journal Article. Subjects: Financial Regulation; Taxation, Subsidies, and Revenue. 9343 words.

The authors argue that attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much...

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