Solution:
Tax of 1 basis point on all bond, foreign exchange and commodity transactions
in the primary (from the issuing entity) and secondary (transacted through a
broker) markets.
Anything more than 1 basis point would be more altruistic.
Cheers, Christian
On Jun 11, 2011, at 11:13 AM,
http://www.commondreams.org/headline/2011/06/08-1
Published on Wednesday, June 8, 2011 by The Irish Times
Call for Tax on Financial Deals to Fight Global Warming
by Frank MacDonald
A tax on international financial transactions could generate real
funds immediately to help developing countries
