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词汇 Tobin tax
释义

Definition of Tobin tax in English:

Tobin tax

nounˈtəʊbɪn taksˈtōbən ˌtaks
  • A proposed tax on international financial transactions, especially speculative currency exchange transactions.

    Example sentencesExamples
    • The author revisits the controversies surrounding the Tobin tax.
    • The theoretical case for a Tobin tax represents only one part of the debate.
    • The biggest barrier to implementation of the Tobin tax is political will.
    • A Tobin tax in particular should be considered.
    • The French National Assembly passed a resolution in November supporting the Tobin tax on international financial speculation.
    • Critics argue that these problems make the Tobin tax infeasible.
    • A Tobin tax imposes a small cost on transactors, giving them reason to substitute into different financial instruments.
    • First, the Tobin tax would be very small in magnitude.
    • This result reveals the win-win public finance character of the Tobin tax.
    • Equally important is the question of whether a Tobin tax is feasible.
    • A Tobin tax would also reduce the power financial markets have to determine the economic policies of national governments.
    • Unfortunately, much of the opposition to a Tobin tax partakes of such a surrender.
    • A modest Tobin tax should be levied on all stock market activity to finance good pensions.
    • The bottom line is that the Tobin tax has a highly respectable intellectual heritage.
    • That is why his sudden espousal of the Tobin tax looks unconvincing.
    • The correction of negative externalities provides one economic justification for the Tobin tax.
    • The current revival of interest in the Tobin tax is the result of events of the last few years.
    • There are of course also major problems that make the implementation of a Tobin tax quite difficult.
    • First, the extent of avoidance will depend critically on the design of the Tobin tax.
    • The proposal for a 'Tobin tax' on international financial speculation is gaining widespread support.

Origin

1980s: named after the US economist James Tobin (1918–2002), who first proposed this type of tax in a lecture delivered in 1972.

Definition of Tobin tax in US English:

Tobin tax

nounˈtōbən ˌtaks
  • A proposed tax on international financial transactions, especially speculative currency exchange transactions.

    Example sentencesExamples
    • A modest Tobin tax should be levied on all stock market activity to finance good pensions.
    • The French National Assembly passed a resolution in November supporting the Tobin tax on international financial speculation.
    • First, the extent of avoidance will depend critically on the design of the Tobin tax.
    • First, the Tobin tax would be very small in magnitude.
    • Unfortunately, much of the opposition to a Tobin tax partakes of such a surrender.
    • There are of course also major problems that make the implementation of a Tobin tax quite difficult.
    • This result reveals the win-win public finance character of the Tobin tax.
    • A Tobin tax imposes a small cost on transactors, giving them reason to substitute into different financial instruments.
    • The biggest barrier to implementation of the Tobin tax is political will.
    • The current revival of interest in the Tobin tax is the result of events of the last few years.
    • That is why his sudden espousal of the Tobin tax looks unconvincing.
    • The correction of negative externalities provides one economic justification for the Tobin tax.
    • The bottom line is that the Tobin tax has a highly respectable intellectual heritage.
    • The theoretical case for a Tobin tax represents only one part of the debate.
    • A Tobin tax would also reduce the power financial markets have to determine the economic policies of national governments.
    • A Tobin tax in particular should be considered.
    • Critics argue that these problems make the Tobin tax infeasible.
    • Equally important is the question of whether a Tobin tax is feasible.
    • The proposal for a 'Tobin tax' on international financial speculation is gaining widespread support.
    • The author revisits the controversies surrounding the Tobin tax.

Origin

1980s: named after the US economist James Tobin (1918–2002), who first proposed this type of tax in a lecture delivered in 1972.

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