Comments on: If the Japanese Government supports a Robin Hood Tax, it’s a lot more likely to happen http://touchstoneblog.org.uk/2010/02/if-the-japanese-government-supports-a-robin-hood-tax-its-a-lot-more-likely-to-happen/ Policy news and comment from the Trades Union Congress (TUC) Thu, 24 May 2012 17:17:11 +0000 hourly 1 By: Owen Tudor http://touchstoneblog.org.uk/2010/02/if-the-japanese-government-supports-a-robin-hood-tax-its-a-lot-more-likely-to-happen/comment-page-1/#comment-5850 Owen Tudor Thu, 18 Feb 2010 10:14:51 +0000 http://www.touchstoneblog.org.uk/?p=6045#comment-5850 Giles (<a href="http://freethinkingeconomist.com/2010/02/18/the-ft-considers-tobin-taxes/" rel="nofollow">the freethinking economist</a>) has demonstrated the dangers of blogging on the run. Or something. His blog about my blog says that my comments about Brazil's transactions tax are not relevant to the Robin Hood Tax. Er... I didn't mention Brazil, I was referring to the FT/Bloomberg reports on Japan (easy to confuse? I think not.) But Brazil's tax, which as he says the FT approves of, does raise two points. First, such taxes can be introduced successfully on a country by country basis (whereas many commentators - I don't mean Giles - have said they can't). And secondly (and I realise I'm being totally opportunistic here), it is certainly the case that Brazil's President Lula has supported the idea of broader transaction taxes in the past and, we believe, still does. He's not in the G7, of course, but he IS in the G20 and will therefore have a voice. Giles (the freethinking economist) has demonstrated the dangers of blogging on the run. Or something. His blog about my blog says that my comments about Brazil’s transactions tax are not relevant to the Robin Hood Tax. Er… I didn’t mention Brazil, I was referring to the FT/Bloomberg reports on Japan (easy to confuse? I think not.)

But Brazil’s tax, which as he says the FT approves of, does raise two points. First, such taxes can be introduced successfully on a country by country basis (whereas many commentators – I don’t mean Giles – have said they can’t). And secondly (and I realise I’m being totally opportunistic here), it is certainly the case that Brazil’s President Lula has supported the idea of broader transaction taxes in the past and, we believe, still does. He’s not in the G7, of course, but he IS in the G20 and will therefore have a voice.

]]> By: The FT considers Tobin Taxes « Freethinking Economist http://touchstoneblog.org.uk/2010/02/if-the-japanese-government-supports-a-robin-hood-tax-its-a-lot-more-likely-to-happen/comment-page-1/#comment-5849 The FT considers Tobin Taxes « Freethinking Economist Thu, 18 Feb 2010 10:06:34 +0000 http://www.touchstoneblog.org.uk/?p=6045#comment-5849 [...] would like to point out that – unlike what the crowing TUC and LibCon seem to think – this is NOT a Robin Hood tax.  Brazil’s 2% tax is about 40 [...] [...] would like to point out that – unlike what the crowing TUC and LibCon seem to think – this is NOT a Robin Hood tax.  Brazil’s 2% tax is about 40 [...]

]]> By: Liberal Conspiracy » Japan joins global call for Robin Hood tax http://touchstoneblog.org.uk/2010/02/if-the-japanese-government-supports-a-robin-hood-tax-its-a-lot-more-likely-to-happen/comment-page-1/#comment-5843 Liberal Conspiracy » Japan joins global call for Robin Hood tax Thu, 18 Feb 2010 08:56:16 +0000 http://www.touchstoneblog.org.uk/?p=6045#comment-5843 [...] Tudor at the ToUChstone blog welcomed the news, adding: Four out of seven. Er, that’s a majority isn’t it? Of course, the [...] [...] Tudor at the ToUChstone blog welcomed the news, adding: Four out of seven. Er, that’s a majority isn’t it? Of course, the [...]

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