The EU Commission's Proposal for a Financial Transaction Tax

Abstract

There have been various calls for the introduction of a Financial Transaction Tax (otherwise known as a Robin Hood Tax or a Tobin Tax) in recent times. The EU Commission published a proposal for an EU-wide Financial Transaction Tax on the 28th of September 2011. John Vella, Clemens Fuest and Tim Schmidt-Eisenlohr have written a paper responding to the EU Commission’s proposal.