"A growing international movement has recognized the potential benefits promised by global capital controls. The Belgium presidency has declared an intention to push for such a system through the European Union, and the French Prime Minister Jospin and Indian Prime Minister Vaypayee have also announced their support, as have the parliamentary German Green Party, The Finnish governing coalition, working groups within the UN, the World Council of Churches, the AFL-CIO, the German Confederation of Trade Unions (DGB), and international financier George Soros.[33] A system of capital controls would make it possible to stop international money laundering (which the IMF estimates drains away 2-5 percent of the world’s income), and squelch corruption – especially in poorer countries where warlords or kleptocrats drain essential investment, A tiny fee of the kind charged by the Security and Exchange Commission (SEC) in the US could discourage the dangerous market volatility that comes from speculative investors seeking tiny increases in short-term returns.[34] A levy of one penny on every million dollars in international financial transfers would not discourage any productive investment, but would raise more money than the UN estimates is required to provide for basic health, nutrition, education, and water sanitation to the 1.3 billion people on the planet who live without.[35]
Instituting an international capital control system would require the political will by powerful countries to use international organizations to force their members to comply with stricter rules for more transparent monitoring and"
http://www.nautilus.org/virtual-diasporas/paper/Baxandall.html"Controls". "Levy", "fee"
Let's call it for what it is. A TAX.