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Germany & France Propose New Transaction Tax

  • 17-08-2011 8:58am
    #1
    Work Toilet Etiquette
    Closed Accounts Posts: 2 ✭


    Hi All,

    I heard last night on RTE news that Germany & France are proposing a new Transaction Tax.

    Bascailly anything you buy or sell will be taxed as a new "Transaction Tax"
    They want to bring this in across the EU.

    Link = http://www.ctpost.com/news/article/U-S-stocks-fall-as-Germany-France-propose-2076229.php

    or if you type into Google - "germany and france propose new transaction tax"

    this was proposed in the past - 2009 but is now back on the cards it would appear.

    Don't we get taxed enough ? - a transaction tax lol
    isn't that what VAT is for ?

    Example - If I was to buy 50euro worth of Petrol. I would VAT on the petrol, on top of the carbon tax and then have to pay a transaction tax because I made a financial transaction with the petrol station.

    I think I have that right, if not please correct me.
    Mods - I couldn't find another thread on this but if there is one feel free to remove

    What are AH's thoughts on this new transaction tax proposal ?


Comments

  • #2
    prinz
    Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    Work Toilet Etiquette wrote: »
    I think I have that right, if not please correct me.

    Financial transaction tax, on financial transactions like CFD's and CDO's etc. Not a consumption tax on every single transaction for buying petrol or biscuits ffs. You are corrected.

    http://en.wikipedia.org/wiki/Financial_transaction_tax


  • #3
    CreepingDeath
    Closed Accounts Posts: 8,015 ✭✭✭CreepingDeath


    That's the least of our worries, when they want a European run government.
    Ze Germans will be running Europe after all, Hitler will be so proud.


  • #4
    mathie
    Registered Users, Registered Users 2 Posts: 5,103 ✭✭✭mathie


    Work Toilet Etiquette wrote: »
    What are AH's thoughts on this new transaction tax proposal ?

    I assume it'll be a hearty endorsement if I know AH even the slightest.


  • #5
    dr.bollocko
    Moderators, Music Moderators Posts: 35,945 Mod ✭✭✭✭dr.bollocko


    CreepingDeath wrote: »
    That's the least of our worries, when they want a European run government.
    Ze Germans will be running Europe after all, Hitler will be so proud.

    At least the majority of AH posters will be happy.


  • #6
    Magic Beans
    Closed Accounts Posts: 329 ✭✭Magic Beans


    dr.bollocko wrote: »
    At least the majority of AH posters will be happy.
    AH? Adolf Hitler? I see what you did there. ;)


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  • #7
    loobylou
    Registered Users, Registered Users 2 Posts: 1,418 ✭✭✭loobylou


    CreepingDeath wrote: »
    That's the least of our worries, when they want a European run government.
    Ze Germans will be running Europe after all, Hitler will be so proud.

    You're too late, they already are.


  • #8
    tonycascarino
    Registered Users, Registered Users 2 Posts: 1,373 ✭✭✭tonycascarino


    CreepingDeath wrote: »
    That's the least of our worries, when they want a European run government.
    Ze Germans will be running Europe after all, Hitler will be so proud.
    Germany & France can piss off with their dream for a United States of Europe


  • #9
    prinz
    Registered Users, Registered Users 2 Posts: 14,598 ✭✭✭✭prinz


    tonycascarino wrote: »
    Germany & France can piss off with their dream for a United States of Europe

    They only borrowed it from our very own Declan Ganley.


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