Authors:

  • Kenneth Rogoff

Excerpt

The Overselling of Financial Transaction Taxes. Kenneth Rogoff, June 6, 2016, Opinion. "However November’s presidential election in the United States turns out, one proposal that will likely live on is the introduction of a financial transaction tax (FTT). While by no means a crazy idea, an FTT is hardly the panacea that its hard-left advocates hold it out to be. It is certainly a poor substitute for deeper tax reform aimed at making the system simpler, more transparent, and more progressive." Link