As 2013 begins, the introduction of a financial transaction tax (FTT) in a selection of European countries looks closer to becoming reality then ever.

  After a first (failed) attempt by the European Commission to introduce a common system for a broad based FTT in the EU in 2011, the proposal has gained new life when 11 Eurozone countries were able to agree on the proposal and move it forward under the ‘enhanced cooperation …

UN Experts Call for Global Financial Tax to Offset Costs of Economic Crisis

New York, May 14 2012 11:05AM A group of United Nations independent experts today called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights. “Where …