bloom america

Chapter 866 Financial Trading Tax

Catherine is thinking about filling the pit here, and on the other side, Nixon is thinking about a proposal. \\. COM

And this proposal is something related to the "bad news" that Soros said.

——In new "Financial Act", then levy financial transaction tax.

This is the content of this proposal.

This move is considered by Kissinger to be adventurous, and it may cause the domestic financial industry to be transferred abroad, but if it can be implemented, for the United States, for the Federal Government, it is undoubtedly a dose of strong heart.

Well, this tax also means that they are one step closer to society.

The financial transaction tax is also called "Tobin Tax". It is an American economist. In the future, the Nobel Prize winner of the Nobel Prize in Economics, James Tombin, was levied on foreign exchange transactions last year.

In the 1972 Princeton University speech in 1972, Tobin proposed this idea for the first time. He suggested that "throw some sand in the wheel of the international financial market that runs fast".

The proposal of the tax type is mainly to alleviate the unstable exchange rate caused by the rapid expansion of international funds, especially the flow of short -term speculative funds. The original intention is to alleviate the fluctuation of exchange rates caused by the large scale of capital.

Unified tax.

The reason why this tax is proposed is now because there are too many places in the United States now.

There is also a new Eden plan and the Babeta project ... Oh, heaven, even when this is the time, when this is the time, there are still a new Eden plan.

ah!

The terms of the financial budget about the financial industry bill on the collection of financial transactions will be levied by 0.1 % of the stock transactions in the US -headquarters in stock transactions in the United States.

The tax group's tax. And it is foreseeable that as the financial industry is becoming more and more developed, the tax collection of this tax will be increasing.

Some people have already expected that if this tax is levied, the tax revenue will reach 30 to 4.5 billion US dollars throughout the year.

With the development of the financial industry, this tax type is likely to continue to increase in the future.

In the face of the federal government debt, the state of the country's finances is stretched, and in order to solve the urgent economic burning of the economy, it seems that this is the best way.

But if this goes on, there is no doubt that you will offend a lot of vested interests.

At this time, Nixon's think tank told Nixon -the last time it is likely to levy this tax.

Why do you say that?

The answer is simple, because although the current financial industry is developing at a high speed, it has not formed a climate. When the other party's wings are not abundant, this policy is promoted. If it can succeed, it will undoubtedly be a strong heart.

But when the market will take shape, the huge vested interest group will become the biggest obstacle of this tax. You know, although this tax is only 0.1%, this is definitely a huge profiteering.

If you do this, it is tantamount to grab the money.

However, levy financial transaction tax is a double -edged sword. While increasing the fiscal revenue of the country, it may also have a certain impact on the financial market transactions. As Tomin said, the financial transaction tax is only unified globally.

It is meaningful that the implementation of a US country alone will lead to capital outflow and reduce the competitiveness of the US financial industry.

Under the current circumstances, the gains of imposing a financial transaction tax outweigh the losses; but some think tanks believe that in fact, the imposition of a transaction tax will not have too many negative impacts.

Capital outflow!

This was the biggest confusion Nixon could face.

"It seems that I should talk to Mr. Tobin. If possible, it seems that the tax must be unified around the world..."

In the current world, the United States is the boss (the Soviet Union is not part of the world!) So at this time, if the United States takes the lead, maybe it can...

But Nixon didn't know much about this matter, so at this time, he felt that he should talk to Mr. Tobin. There were still a few years left in his second term. If he could promote this tax in these few years,

Then when I retire, my reputation will definitely be very good...

…

"So that's it, it's a financial tax..."

On the other side, Catherine didn't say anything after hearing the news.

The power of butterflies has been demonstrated.

Without the Watergate incident, Nixon could sit safely in his position; but with the addition of the Eden Project, the U.S. finances were stretched. So at this time, it is understandable that someone proposed the financial transaction tax.

"Then what are you going to do?" Catherine asked.

"What else can we do? I heard that the United States will join forces with European countries to increase this tax. Unless we can convince the whole world, there is nothing we can do."

"oh……"

Although she didn't seem to say anything on the surface, Catherine had indeed stirred up a storm in her heart.

Catherine knew exactly what this tax meant.

This means that speculative trading will be restrained. Although this restraint is not strong, it is indeed a deterrent here.

On the other side, Catherine was also a little happy.

Because this also means that many companies transforming the financial industry have been hindered.

The top ten financial groups were first and hardest hit, especially Rockefeller and Morgan.

Catherine suspected that there was another consortium behind this tax that wanted to exploit the two big consortiums.

The current financial industry in the United States is not as developed as it was in the 21st century. Therefore, if the federal government continues to implement this tax at this time, it will not encounter great obstacles. And when this tax has been levied for more than ten years, people may

Everyone has adapted. By that time, this tax had been tacitly accepted and accepted by people. At this time, everyone was accustomed to it, and this tax was nothing.

But this has nothing to do with Catherine, because Catherine has nothing to do in this area. Even Catherine is happy to see it happen.

Isn't it a pleasant thing to see others suffer misfortune?

At the same time, this also means that I can deduct more money from the federal government...

"Damn James Tobin..." Soros over there was really in a bad mood at this time.

This is easy to understand, everyone’s butts are not in the same place.

The implementation of this tax also means that the income of quantum funds will be reduced.

Suppress speculation and stabilize exchange rates. Implementing a financial transaction tax, also known as the Tobin tax, can enable a country's government to implement a more flexible interest rate policy based on domestic economic conditions and goals in the short to medium term without worrying that it will be affected by short-term capital flows.

Impact. Moreover, the Tobin tax is set up for the round-trip flow of short-term funds. It will not hinder but will be beneficial to trade and long-term investment caused by fundamental differences such as productivity, and will help guide the flow of funds to productive entities.

economy.

This tax has indeed attracted a lot of attractiveness to the United States, which is now gradually hollowed out.

James Tobin, of course, Katherine, of course, knows who this person is.

It is not derived from the previous world, but based on this world, Catherine's understanding of this person -after all, Catherine in the last world only knows that this person is a winner of a Nobel Prize.

In 1935, Tobin entered Harvard University to study, obtained a bachelor's degree in economics four years later, and obtained a master's degree in 1940. During the six years of Harvard, Tobin received Joseph Kumin, Edward Chamberlain, West China Ryon.

The guidance of famous economists such as Haofu.

These are all famous and cow X economists in history.

In 1947, he obtained a doctorate degree. In the same year, the associate researcher was elected as a researcher. He used the salary of the associate researchers to tutor the economics that he lost contact during the war, especially the economic measurement. He participated in the "American Business Creed" and in "

Economics and Statistical Reviews published an article on "Migraphic Preferences and Monetary Policy".

After all, Catherine now has to manage the company. Occasionally, Catherine will also charge, and these books have read these books. Although they have nothing to do with themselves, they may be able to use it.

In 1957, he became the vice president of the American Economic Society, and the second year he served as the chairman of the Society. From 1961 to 1962, he served as a presidential consultant of Kennedy in the United States and became one of the three members of the Presidential Economic Council.

After that, in August 1962, he returned to Yale University to teach.

From 1970 to 1971, he served as the president of the American Economic Society. In 1972, he was a member of the National Academy of Sciences. From 1972 to 1973, he went to the University of Nairobi, Kenya. This financial transaction tax was proposed by the other party last year.

"The only way to do this is to drag the words. As long as it can be dragged down, the goal becomes."

Catherine is a way to sleep.

"Drag?" Soros was a little surprised by Catherine.

"Drag to the formed of the interest group, and the interest group has enough power."

Catherine explained like this.

Although it has nothing to do with himself, Soros is also his friend.

Of course, whether they can succeed, Catherine is not sure.

"... I understand, but I'm not very sure."

Soros reflects the matter fiercely, and Catherine is also clear.

This tax is undoubtedly equivalent to grabbing money by the federal government and replacing it with Soros specializing in financial speculation. In this matter, it is definitely a very small word.

The speculators are not all drilling ...

Although this is a bit too much, Soros has always done this ...

After a while, the two sides hung up the phone.

"If Nixon really wants to do this, it is that he has made up his mind ... If this is the case, then the following two years will be desperate to promote this tax species ..."

I do n’t know if Nixon will implement medicine like Olympic Guanhai. Instead, it will encounter unprecedented resistance?

Catherine wait and see ...

Nympho

Fourth! There is another more!

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