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| Europe |
| Spain to start taxing bank deposits |
| 2014-07-07 |
| Posted by:Anguper Hupomosing9418 |
| #8 But bank savers are investors by proxy. Interest rates should be decided by the market i.e. the rate that balances credit and creditors. |
| Posted by: Bright Pebbles 2014-07-07 14:25 |
| #7 |
| Posted by: Uncle Phester 2014-07-07 13:31 |
| #6 Negative interest rates. Attempting to get savers to become spenders and, therefore, stimulate the economy. Unless the gummint adjusts required capital footings, this will reduce available bank-lending capital. Short-term fix for a long-term problem. |
| Posted by: Uncle Phester 2014-07-07 13:30 |
| #5 interest on svg deposits are about 0.3%, so a tax of 0.003% wouldn't be a big deal if it allowed for a decrease in income taxes |
| Posted by: lord garth 2014-07-07 12:05 |
| #4 Thou shall covet - one of the principle tenets of Marxism-Socialism |
| Posted by: Procopius2k 2014-07-07 11:05 |
| #3 If they'd have taxed the BANKS baalnce sheet (rather than it's profits) we might have avoided the credit bubble. However the private-marxist establishment needs exponential debt to cover up the damage their taxation policies do to the economy. |
| Posted by: Bright Pebbles 2014-07-07 10:12 |
| #2 When taxes on interest bearing accounts is diminished due to miniscule interest rates, there is only one thing left to grab. Eating the seed corn is generally the point of no return. |
| Posted by: Besoeker 2014-07-07 06:35 |
| #1 Should be a good time to open a mattress store. |
| Posted by: Thoan 2014-07-07 02:02 |