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The financial transaction tax is largely missing its targets, according to the Court of Auditors

Introduced in 2012, the French tax only affects 5% of financial transactions. High-frequency trading – financial orders at very high speed driven by computers – completely escapes it.

Translated from French Read in French

The financial transaction tax is largely missing its targets, according to the Court of Auditors

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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