Post
Topic
Board Economics
Re: Tobin Tax. Anyone want to help me build the Tobin Tax website?
by
AyeYo
on 08/07/2011, 18:06:17 UTC
Trading pokemon cards shouldn't constitute a contribution to "society".

Two people exchanging Pokeman cards are maximizing their utility, benefiting from the exchange.  This results in a betterment for society as 2 people gained something at the expense of nobody else.


Everybody is not entitled to benefits from a transaction. 

How you figure?  Can you give me an example of two people involved in a 'transaction' in which one (or more) parties do not benefit?  I think theft would be a good example, but can you think of anything else?


Guy, just ignore him.  He's a kid.  Stick to responding to the legitimate questions and arguments.


I'm interested in knowing whether you realize and/or care that this tax would destroy retailing trading, especially highly leveraged FX trading.