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R42078Economic Policy
A Securities Transactions Tax: Brief Analytic Overview with Revenue Estimates
Federal & State Law Editorial TeamLast reviewed: June 2012
June 1, 2012
Summary
This report briefly discusses recent STT (Securities Transactions Tax) proposals, summarizes the possible effects on financial market volatility and speculation, and provides estimates of the potential revenue effects.
Note: CRS reports are prepared for Members of Congress and their staffs. This summary is provided for informational purposes and does not constitute legal advice.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.