Salman Shaheen discusses Labour's UK FTT plans on TalkRADIO
Salman Shaheen, managing editor of International Tax Review, speaks to TalkRADIO’s Julia Hartley-Brewer about Labour’s plans for a financial transaction tax, should it win next month's UK general election.
Britain's opposition Labour Party is seeking to take on the incumbent Conservatives in next month's snap general election with a headline-grabbing proposal for what is popularly hailed as a Robin Hood Tax on financial transactions. In reality, it is simply an extension of the existing stamp duty. But will it really raise billions of pounds? Will it cause banks to flee? And is it ever likely to see the light of day?
Salman Shaheen, managing editor of International Tax Review, discussed these questions and more with TalkRADIO's Julia Hartley-Brewer. Listen here.