Experts are split on value of financial-transaction tax

08/31/2011 | Deutsche Welle (Germany)

German Chancellor Angela Merkel and French President Nicolas Sarkozy recently revived the idea of levying a tax on financial transactions to help resolve Europe's financial crisis. The idea was touted by some economists, but others said it would be problematic. Also, such a levy would hit high-frequency trading particularly hard, and the effects of that are another point of contention among experts.

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Deutsche Welle (Germany)

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