RHT Policy Library
Keval Bharadia, Laurey Boughey – Intelligence Capital, September 2019 Developing on the 2017 proposal from former banker Professor Avinash Persaud, previous Head of Derivatives Trading
The Currency Transaction Tax - enhancing financial stability and financing development
Read Sony Kapoor’s original report for the Tobin Tax Network back in 2004: The Currency Transaction Tax – enhancing financial stability and financing development.
More than 50 financiers have come out in support of the financial transactions tax (i.e. Robin Hood Tax, FTT), arguing that it will reduce financial
Improving resilience, increasing revenue
Avinash Persaud – Intelligence Capital, May 2017
Former banker makes the case for modernising the UK’s current stamp duty on shares which could bring in an extra £4.7bn/year, £23.5bn over the course of a 5 year Parliament.
Manfred Bergmann – European Commission D-G Tax, June 2016 This short paper estimates revenue from a financial transactions tax at €22bn. Read more about EU
The European Financial Transactions Tax: A way to end AIDS
Coalition PLUS et al – Coalition PLUS, November 2016 Coalition PLUS and a number of international solidarity organisations write this report. They identify the European
A financial transaction tax would help ensure Wall Street works for Main Street
Josh Bivens and Hunter Blair – Economic Policy Institute, July 2016 The report argues that the U.S. economy is still recovering from the financial crisis
Reigning in Wall Street to benefit all Americans: the case for the financial transactions tax
Dean Baker, July 2016
This report makes a detailed case for a financial transactions tax (FTT) in the USA, which could raise around $105bn annually to cover the costs of free college education and help reduce income inequality.
Closing the Stamp Duty Loophole
Avinash Persaud – Intelligence Capital, April 2015
This paper estimates that £1.2bn to £1.9bn could be generated by closing loopholes in the UK’s stamp duty on share transactions, leading to an increase in total revenues from £3.1bn to £4.3bn to £5.0bn.
Taxing Transactions in Financial Derivatives: Problems and Solutions
Avinash Persaud – Intelligence Capital, September 2014
In this report, Professor Persaud dismantles arguments made by bank lobbyists fighting against the Financial Transactions Tax.
A European Financial Transactions Tax: Revenue and GDP effects for Germany
Copenhagen Economics, March 2014
This is a study on expected revenues of the European Financial Transactions Tax (FTT), written by Copenhagen Economics at the request of the German Finance Ministry.
Opportunity or Threat? The Application of the EU-11 FTT to Sovereign Bonds
January 2014
This paper identifies the ways in which an FTT would affect the sovereign bond market and examines how participating Governments’ finances might change as a result. It argues that the importance of sovereign bonds to European economies does not undermine the case for an FTT.
New priorities for British Economic Policy
Tony Dolphin, March 2013
This IPPR report explains that Britain needs a new economic model, one in which government and the private sector work together to address the ‘triple crisis’ of stagnation, debt and imbalance.
European Commission, 2013
This is the Commission’s proposal of a Financial Transactions Tax to be rolled out across 11 European countries as part of the enhanced cooperation procedure.
Impact Assessment of the EU FTT
European Commission, 2013
This is an analysis of the impacts and economic consequences associated with the introduction of a Financial Transaction Tax by way of enhanced cooperation.
Other library publications: