Munich Personal RePEc Archive

The Cyprus crisis in the mirror: the ‘small deposit tax’ as historical faux-pas

Fischer, Justina A.V. (2013): The Cyprus crisis in the mirror: the ‘small deposit tax’ as historical faux-pas.

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Abstract

Taxing small deposits used to be a taboo in European politics – but why? This contribution re-assesses the protection of small deposits from an angle that has not received much attention in the current debate: the politico-philosophical, ordo-liberal, and social-political perspectives, arguing that protection of the ordinary saver is a fundament of our civil societies.

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