German FTT plan on the verge of sinking

On the 01.15.20 at 8:11AM


Erick Jarjat

The proposed financial transactions tax (FTT) sponsored by Olaf Scholz, Germany’s finance minister, has unleased a wave of protests in the country.

On Christmas Eve, the minister rushed his plan to the stage without really asking for the opinion of his Austrian partner and served notice of his intention to introduce this very controversial tax on the European level as well.

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