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It should be obvious after this year that the stock market is no guarantee, another reason to take a closer look at life insurance.
FORBES: Estate Tax Insurance
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Given that governments have missed so many obvious tricks, is there any reason to assume that more money thrown at the problem will be spent wisely?
ECONOMIST: Climate change
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So for the world as a whole, if a financial transactions tax put a bit of a dampener on financial innovation and trading (whether low frequency or high frequency), that would probably be no reason to weep - unless (to state the obvious) investment banking is your life.
BBC: How scary is a financial transactions tax?