正在确认阅读权限…
Why Governments Tax Financial Transactions—And Who Bears the Cost
为何政府对金融交易征税——以及谁最终承担成本
精读先不看文字,完整听一遍。
-
Financial transaction taxes apply to stock, bond, and derivative trades at rates below 0.1%.金融交易税适用于股票、债券和衍生品交易,税率低于0.1%。
-
Proponents argue they curb speculative activity without harming long-term investment.支持者认为,该税可抑制投机行为,同时不影响长期投资。
-
Empirical studies show volume drops most among high-frequency trading strategies after implementation.实证研究表明,实施后高频交易策略的交易量下降最为明显。
-
Brokerage firms pass part of the tax to clients through wider bid-ask spreads.券商通过扩大买卖价差,将部分税负转嫁给客户。
-
Revenue funds financial literacy programs and consumer protection agencies in several EU nations.税收收入用于资助多个欧盟国家的金融素养教育项目和消费者保护机构。
-
Exemptions for pension funds and central bank operations prevent unintended market distortions.养老金基金和央行操作享受豁免,以防引发意外的市场扭曲。
-
Tax design avoids double-counting when trades occur across multiple exchanges or jurisdictions.税制设计避免跨交易所或多司法管辖区交易时的重复征税。
-
Economists debate whether such taxes reduce systemic risk or merely shift activity offshore.经济学家就此类税收能否降低系统性风险,抑或仅将活动转移至境外,尚存争议。
-
Transparency rules require public reporting of collected amounts and allocated expenditures annually.透明度规则要求每年公开披露所征税款及资金使用情况。
-
Cross-border coordination remains weak, prompting concerns about competitive disadvantage for domestic markets.跨境协调仍显薄弱,引发对本国市场竞争力受损的担忧。
精读 · 大约 10 分钟
听 → 读 → 学表达 → 懂 → 今天会说这一句 → 跟读录音 → 自己说一句。
③ 学 · 重点表达
- Proponents argue they curb speculative activity without harming long-term investment. 支持者认为,该税可抑制投机行为,同时不影响长期投资。
- Empirical studies show volume drops most among high-frequency trading strategies after implementation. 实证研究表明,实施后高频交易策略的交易量下降最为明显。
- Exemptions for pension funds and central bank operations prevent unintended market distortions. 养老金基金和央行操作享受豁免,以防引发意外的市场扭曲。
④ 懂 · 选一选
⑤ 今天会说这一句
Proponents argue they curb speculative activity without harming long-term investment.
⑥ 跟读并录音
Proponents argue they curb speculative activity without harming long-term investment.
第一版:录下来、回听、再听标准音。系统打分以后再加。
⑦ 说 · 自己来一句
用今天的表达,自己说一句。
例子:Proponents argue they curb speculative activity without harming long-term investment.
已记下。连续天数以后会显示在课表里。
陈老师指导
课程开发中,敬请期待。成人和孩子都可以先自学听读、精读。
这边的讲解音轨还在做。想先跟着老师走完固定 30 课,可以去陈老师带读社(和自学通行不是同一份会员)。
课程开发中,敬请期待。