Tobin tax

Tobin tax
 n.β€” Β«James Tobin, an economist at Yale, issued a proposal in 1978 for what is sometimes known as the Tobin Tax.…”It is appropriate that the proceeds of an international tax be devoted to international purposes and be placed at the disposal of international institutions.”Β» β€”β€œSovereignty or subjugation: Tacking on an international tax” by Paul Weyrich Renew America Oct. 3, 2005. (source: Double-Tongued Dictionary)

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