As well as the EU, several papers on FTTs have been written by other more or less reputable organisations including the IMF8.

FORBES: The Truth About the Financial Transactions Tax or the Robin Hood Tax

As well as the EU, several papers on FTTs have been written by other more or less reputable organisations including the IMF.

FORBES: The Stupidity of the Robin Hood Tax Reaches America

An FTT would crimp economic growth and thus would reduce total tax revenue, not increase it and finally, we do indeed have several FTTs currently and also know that they crimp economic growth and thus reduce total tax revenue.

FORBES: For A Really Scary Story, Try This: Wall Street Just Doesn't Understand Washington