A tax on financial transactions that would both generate revenue and restrict capital flows is known as a ______ tax.

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05-11-2021
Business

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A tax on financial transactions that would both generate revenue and restrict capital flows is known as a ______ tax.

Sagot :

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haltefe haltefe · Answer 1 · 2021-11-05T11:34:18-04:00

haltefe haltefe

05-11-2021

Answer:

Tobin Tax

Explanation:

"The Tobin tax is a tax levied on spot currency conversions, with the intention of disincentivizing short-term currency speculation, named after economist James Tobin."

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A tax on financial transactions that would both generate revenue and restrict capital flows is known as a ______ tax.

Sagot :

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