There are of course also major problems that make the implementation of a Tobin tax quite difficult. |
The correction of negative externalities provides one economic justification for the Tobin tax. |
The bottom line is that the Tobin tax has a highly respectable intellectual heritage. |
Unfortunately, much of the opposition to a Tobin tax partakes of such a surrender. |
The French National Assembly passed a resolution in November supporting the Tobin tax on international financial speculation. |
The current revival of interest in the Tobin tax is the result of events of the last few years. |