Financial Transactions Tax (FTT) would not increase the amount of tax revenue collected by governments. In fact it would reduce … total tax revenue by shrinking the economy.Workers and consumers in general – not the banks – would carry the main economic … burden of the FTT. Wages would be lower because the tax would increase the cost of capital, thereby reducing growth in …

deleveraging and credit crunch when the bubble burst. This paper discusses the interactions between tax policy and the financial …. Finally, it examines some possible future tax options to prevent such crises. -- financial crisis ; tax policy ; taxation … ; fiscal stimulus ; financial transaction tax ; property tax …

deleveraging and credit crunch when the bubble burst. This paper discusses the interactions between tax policy and the financial …. Finally, it examines some possible future tax options to prevent such crises …