In the theory of the Tobin tax, there would not be any other taxes.
Everybody pays. It is a 1% (or less) tax on every financial transaction.
No personal taxes.
No corporate taxes.
No deductions.
You can start your own research here:
http://search.live.com/results.aspx?q=what+is+a+tobin+tax&src=IE-SearchBox
Just think after the middle of January you will not have GWB to kick around, no wait you will then blame him for the depression that was created by the CBC and Fani Mae! I almost forgot that part, sorry! Now we have the Flim Flam Man who will lead the world down the path to the … - you fill in the word. Me, I’m going to wait and see what happen. It should be ‘FUN’!
Paul