{"id":2478,"date":"2011-10-05T09:15:52","date_gmt":"2011-10-05T07:15:52","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=2478"},"modified":"2011-10-05T09:15:52","modified_gmt":"2011-10-05T07:15:52","slug":"the-wrong-tax-for-europe","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/the-wrong-tax-for-europe\/","title":{"rendered":"The Wrong Tax for Europe"},"content":{"rendered":"<p><a dir=\"ltr\" lang=\"en\" xml:lang=\"en\" rel=\"author\" href=\"http:\/\/www.project-syndicate.org\/contributor\/433\" target=\"_blank\">Rogoff, Kenneth<\/a>.<\/p>\n<p>Europe is already in pickle, so why not add more vinegar? That seems to be the thinking behind the European Commission\u2019s proposed financial transactions tax (FTT) \u2013 the Commission\u2019s latest response to Europe\u2019s festering growth and financing problems.<\/p>\n<p>The emotional appeal of a tax on all financial transactions is undeniable. Ordinary Europeans have to pay value-added tax on most of the goods and services that they buy. so why not tax purchases of stocks, bonds, and all kinds of derivatives? Surely, such a tax will hit wealthy individuals and financial firms far more than anyone else, and, besides, it will raise a ton of revenue.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Project Syndicate<\/p>\n<p><a href=\"http:\/\/www.project-syndicate.org\/commentary\/rogoff85\/English\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rogoff, Kenneth. Europe is already in pickle, so why not add more vinegar? That seems to be the thinking behind the European Commission\u2019s proposed financial transactions tax (FTT) \u2013 the Commission\u2019s latest response to Europe\u2019s festering growth and financing problems. The emotional appeal of a tax on all financial transactions is undeniable. Ordinary Europeans have [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,38],"tags":[26,25],"class_list":["post-2478","post","type-post","status-publish","format-standard","hentry","category-18","category-38","tag-26","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=2478"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2478\/revisions"}],"predecessor-version":[{"id":2479,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2478\/revisions\/2479"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=2478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=2478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=2478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}