taxes on stock market transactions were previously normal. But in the wake of liberalization and deregulation of financial markets, they were abolished almost everywhere. Between 1988 and 2000 in Spain, Japan, Germany, Denmark, the Netherlands, Australia and Sweden.
It was the U.S. economist James Tobin - anything but a leftist - which launched in 1972 the idea of a tax on foreign exchange transactions. The idea was developed by the anti-globalization movement further.
The social democratic and socialist parties in Europe, trade unions and many churches are in favor. In French, Belgian, Austrian and German government circles, the idea is being considered.
At the meeting of G20 finance ministers 7 / 8 Nov. 2009 Gordon Brown openly pleaded for an international financial transaction tax.
The evening news of the Swiss Television of 7 11. said such a tax for impossible and accused Brown of cheap electioneering.
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