Solo attempt at transaction tax is possible says Chamber of Labour

Politics ♦ Published: May 21, 2010; 00:00 ♦ (Vindobona)

"At purchase of every sausage roll a value-added tax is due, then why don’t financial speculators have to pay no sales tax for market transactions?

Solo attempt at transaction tax is possible says Chamber of Labour / Picture: © Arbeiterkammer Austria

... says Maria Kubitschek, director of chamber of labour economic branch as a response to the current Statements of Austria Stock Exchange and industry officials (Industriellenvereinigung) against a national financial transaction tax or the reintroduction of stock market turnover tax: "Of course it would be desirable to impose it on a global or European scale, but it is also useful as…

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