Now that appears to have opened the door for Boston Scientific Chief Executive James Tobin James Tobin .
Such a levy is dubbed a Tobin tax after economist James Tobin, who mooted a global tax on currency trades in the 1970s.
On September 28th it formally proposed a financial-transactions tax (FTT), otherwise known as a Tobin tax after James Tobin, a Nobel economics laureate who put forward a similar scheme for currency markets in 1972 or a Robin Hood tax by those who want to use the proceeds for aid purposes.
Europe's first 'Tobin tax', named after economist James Tobin who mooted a global tax on currency trades in the 1970s, levies 0.1 per cent on stock and bond trades and 0.01 per cent on derivatives transactions involving one financial institution with its headquarters in the tax area, or trading on behalf of a client based in the tax area.
Among the tax options on the table, which also include a global financial transaction fee (called a "Tobin tax" after Nobel-winning economist James Tobin, who proposed a tax on foreign-currency transactions in the 1970s) and a Bonus Tax, a risk-based fee is the most efficient solution.
James Tobin had originally proposed that revenues from the tax be used for aid to poor countries.
James Tobin was a member, Robert Solow was a staff economist, and consultant economists included Kenneth Arrow and Paul Samuelson.
He learnt his economics at Yale under James Tobin (whose proposal for a tax on foreign-exchange transactions he argued against within the commission).
But in central banking, if you do something new that has no impact, you win a Nobel Prize, as then-Fed Head James Tobin did.
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"I don't see this as a bad thing--I see it as good, " says James Tobin, chief of Boston Scientific, of efforts to more thoroughly test devices.
James Tobin, an American economist, first proposed a tax on cross-border capital flows in 1972, amid the collapse of the Bretton Woods system of fixed exchange rates.
The mother of all globotaxes is an idea that has been kicking around the East River for some time and named after the Yale Nobel Laureate who first proposed it, Dr. James Tobin.
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Named after Nobel Laureate economist James Tobin, who first proposed the idea in the 1970s, the funds collected from the tax (a fraction of 1% of the transaction) would be used as a global fund for development, and for recovering from crises like today's.
The tax, named after the Nobel Prize-winning economist James Tobin, was originally designed to discourage volatile currency trading and also had the potential to help developing nations, but many supporters now say it is one way to ensure that banks do not take excessive risks that could trigger another financial crisis.
James Tobin--the New England chairman for President Bush's 2004 campaign and the Northeast field representative for the National Republican Senatorial Committee in 2002's congressional elections--was sentenced to ten months' jail time and two years' probation for supposedly being part of a conspiracy that for about two hours on Election Day 2002 blocked some incoming calls to Democratic phone banks arranging transportation for voters.
Richie McCarthy and Sean Tobin both scored four points for Limerick with James Ryan and Donal Og Grady both contributing three scores.
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