Think tank warns of dangers of financial-transaction tax

04/24/2012 | City A.M. (London) · Huffington Post, The

The Center for Policy Studies published a report that raises concern about Europe's proposed tax on financial transactions. The report says the tax would hurt the City of London as well as ordinary people. It also says the levy would not result in benefits touted by proponents. The think tank urged U.K. Prime Minister David Cameron to use "every possible method to ensure that a Tobin Tax is not introduced at any level in the EU."

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City A.M. (London) · Huffington Post, The

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