Posts Tagged ‘financial transactions taxes’

France Collects a Financial Non-transaction Tax

Following the 2008 financial sector collapse, Europeans have been slowly moving, somewhat in concert, towards new financial transactions taxes.   Last week, France jumped the gun:  it initiated a package of financial transaction taxes all on its own that includes a novel tax on high frequency stock orders. The high frequency tax applies to traders that […]

Taxing the London Whale

Now that a once-obscure J.P. Morgan Chase derivatives trader named Bruno Iksil has become infamous as the London Whale, I suppose it is time to ask whether what he does should be subject to new taxes. The question predated Mr. Iksil’s misadventures, of course. Ever since the U.S. financial crash of 2008 and the beginnings of […]