
Naomi Fowler ■ Podcast: Hong Kong raises its stock transfer tax as Wall St escapes (for now…)

In this Taxcast Extra Naomi Fowler speaks to Jim Henry, economist, lawyer, investigative journalist and Tax Justice Network senior adviser about the campaign to persuade New York State (which is broke) to reinstate its (tiny) Stock Transfer Tax. It would have created an important precedent for the world but for now, Wall Street has escaped. At the same time, in Hong Kong they have raised their Stock Transfer Tax in an example of “tax competition in reverse,“ or a “race to the top.”
The transcript of this podcast is available here (some is automated and may not be 100% accurate)
Further reading/listening:
- Edition #107 of the Taxcast explores how transformative financial transactions taxes could be https://taxjustice.net/2020/12/17/taxing-wall-street-the-tax-justice-network-december-2020-podcast/
- Submission to New York State Assembly: the case for financial transactions taxes https://taxjustice.net/2021/02/19/submission-to-new-york-state-assembly-the-case-for-financial-transactions-taxes/
- A Wall Street tax that could lift many out of poverty already exists — it’s just not being collected https://www.salon.com/2020/11/01/a-wall-street-tax-that-could-lift-many-out-of-poverty-already-exists–its-just-not-being-collected/
- Keval Bharadia‘s “Recalibrating financial transaction tax policy narratives”: https://taxjustice.net/wp-content/uploads/2020/11/Recalibrating-financial-transaction-tax-policy-narratives-Keval-Bharadia.pdf
- More Taxcasts are available on https://www.thetaxcast.com and we’re on most podcast apps. Or you can subscribe by emailing naomi [at] taxjustice.net
Image: “Wall Street” by Michael Aston is licensed under CC BY-NC 2.0
Related articles

June 2022 Spanish language tax justice podcast, Justicia ImPositiva: Los grandes ganadores

Tax Justice Network Arabic podcast #54: كارتيل البنوك في تونس: أثرياء الحرب في زمن البؤس

The Tax Justice Network’s French podcast: Lancement en Afrique de l’Indice d’Opacité Financière 2022: L’urgence d’un système fiscal international sous l’égide des Nations Unies #40

Tax Justice Network Portuguese podcast: EUA: maiores facilitadores de corrupção global #37

The Financial Secrecy Index 2022 in the Tax Justice Network podcast, the Taxcast

May 2022 Spanish language podcast, Justicia ImPositiva: Estados Unidos: destino preferido de la corrupción

Tax Justice Network Portuguese podcast: Como se livrar da maldição do petróleo? #36

April 2022 Spanish language podcast, Justicia ImPositiva: Que paguen la deuda los que la fugaron

The Tax Justice Network’s French podcast: Prix des transferts, Accord Fiscal International: Pourquoi les choses doivent changer pour l’Afrique? #38
