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Tobim tax disrupts Christmas

The Tobim tax, proposed by Nobel laureate James Tobin almost half a century ago, threatens to change Christmas in the coming years.

The ITF Tobim tax is a tax on financial transactions, motivated to cushion fluctuations in exchange rates, in an attempt to curb speculation, balancing the economy, in a more The actual production.

Letter to Santa Claus from a child from New Delhi. Source: Amazon

By abusing the concept, numerous movements of Anti-globalization and declared nationalists are gradually instituting the rate in some transnational operations.

This Christmas is already being noticed in small countries like Panama or Delaware but experts believe that in the coming decades, the rate will be fully established.

All of these movements will mainly affect the paradigm of globalization: large online sales multinationals like Amazon or AliBaba, which will have to reorient their business model, focusing on tax-free chauvinist trade.

International measures

In the UK, one of the global financial centers and supporter of the Transatlantic Trade and Investment Association TTIP, after the unexpected Brexit, do not know what to name Santa Claus, studying possible rates depending on where they bring the gifts . Father Christmas, Santa Claus or Father Claus are some of the possibilities that are discussed.

Daddy Trump

Daddy Trump. Source: God bless America Press

For their part, the US protectionist neoliberals are proposing a Daddy Trump , to reaffirm American values and to project itself firmly into the next decade.

Jack Pa seems to be the chosen name for his new Santa Claus. Jack Ma is the founder of the largest e-commerce company on the planet, Ali Baba Group, but they considered it excessive to change the Santa genre, so they opt for a hybrid version.

These are some examples of the cultural changes that the planet is facing the challenges of globalization. We will keep you informed promptly. Merry Christmas.

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