The pandemic has resulted in accelerated participation in retail trading in the stock market. Retail investors accounted for 45% of total equity trades in January 2021 on the Toronto Stock Exchange, which is an increase from 35% in 2019.[1] Option trading has also become more popular for retail investors; data from the Chicago Board […]
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Key Takeaways from the Report of the UK Wealth Tax Commission
Faced with significant government spending to tackle Covid-19 in the UK, the UK Wealth Tax Commission was set up to explore the desirability and feasibility of a wealth tax. The final report was issued on 9th December 2020.[1] The Evidence Papers are available here.[2] The proposal was to implement a one-off wealth tax of […]