Editorial: Transaction-tax opponents must remain vigilant

05/6/2013 | InvestmentNews (free registration)

This editorial points out that financial-transaction taxes usually end up with unintended consequences, but the idea continues to enjoy support. "Some Democrats in Congress have long desired to impose a tax on financial transactions, and their proposals may find new life if some members of the European Union proceed with plans to impose such a tax," according to the editorial.

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