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Tobin tax
/ 藞迟蓹蕣产瑟苍 /
noun
- a proposed tax on foreign-exchange transactions intended to discourage destabilizing speculation while also raising large revenues that could be channelled to the developing world
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亚洲网紅露点 History and Origins
Origin of Tobin tax1
late C20: after James Tobin (1918鈥2002), US economist who proposed it
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Example Sentences
Examples have not been reviewed.
"In Europe it is stilled called the Tobin Tax," said Wolff.
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The financial transactions tax, known as 鈥楾obin tax鈥, is another European project, led by the German government, and is expected to raise 850 million euros next year in Spain.
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Other EU countries, such as France, Italy and Belgium, have already passed a Tobin tax.
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The Cabinet agreed at its weekly meeting to adopt the so-called Google tax and Tobin tax.
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Those who wish to tip their hats to a Nobel-winning colleague might instead discuss a Tobin tax.
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