The Financial Transaction Tax Nightmare

With austerity an almost permanent feature of most EU countries, budget deficits reduced but not necessarily tamed, bankers still being equated to vampire squids or worse and the perfidious Albion seeking to protect the denizens of the City in their EU treaty renegotiation demands, a tax on financial services should strike a rare unifying chord with voters across the divided continent and help the popularity ratings of their political masters.