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UK Pols Call EU Financial Transaction Tax Proposal 'Deadly'

By Ama Sarfo ( December 11, 2013, 6:59 PM EST) -- A U.K. House of Lords committee on Tuesday slammed a European Commission proposal that would allow 11 EU states to tax financial transactions, saying the "deadly" scheme would damage the U.K.'s markets because the country would have to collect the tax on behalf of the other 11 states....

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