Knowledge@wharton

Is It Time for a Trading Tax?

Informações:

Sinopse

To its advocates the idea is a no-brainer: Charge a tiny tax on each stock bond or derivative trade to raise badly needed revenue discourage dangerous short-term speculation and make Wall Street help clean up its own mess. But critics of the financial transaction tax concept say that it would actually make markets less efficient hurting ordinary investors by raising costs. Wharton faculty and investment experts weigh in. See acast.com/privacy for privacy and opt-out information.