World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
The proposed financial transactions tax in Europe in 2013
02/14/2013
The EU supports a financial transactions tax in Europe of 0.1% on stock transactions and 0.01% on derivative transactions. The tax would generate revenue ranging from 100 million euros a year for Estonia to $10 billion for Germany. The tax would be designed so that any job losses would be small and more than made up for by investments in infrastructure. The U.S. Treasury supports financial industry associations opposing this tax. The revenue would come at a time when European economies can use the extra money for badly needed infrastructure improvements as the EU budget and EU country budgets are tight.
Grouped Articles
Europe Rejects Critics of âRobin Hoodâ Tax
New York Times 02.14.2013
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us