Kevin Humphreys (Dublin South East, Labour) | Oireachtas source

Okay, I just wanted to be clear on the matter because it is difficult to ascertain the facts from either side. Each group only gives half of the story. The financial transaction tax is portrayed as a tax. Is it not also a tool to encourage growth and reduce the boom-to-bust cycle? I refer to putting a control into high frequency trades, HFTs. Reducing the number of HFTs would reduce the damage it does to the European economy. Is that correct?