UN independent experts call on EU to adopt a global financial transaction tax

Friday, May 18th 2012 - 16:41 UTC

Full article 5 comments

A group of United Nations independent experts called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights. Read full article

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JohnN
A “Tobin Tax”, but according to commentator Nile Gardiner:
“The last thing the global economy needs right now is an oppressive international tax on financial transactions that would stifle the free market, help kill job creation and place an additional yoke around the necks of businesses and entrepreneurs. It is nothing more than socialism writ large on a worldwide scale, and UN officials are deluding themselves if they think it will actually be implemented across the globe.”:
http://blogs.telegraph.co.uk/news/nilegardiner/100158544/the-uns-proposal-for-a-global-financial-transaction-tax-is-socialism-writ-large-on-a-world-scale/
May 18th, 2012 - 06:26 pm - Link - Report abuse 0
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Think
(1) JohnN

Woooooooow........

Buddha, Jesus and............... Nile Gardiner..................
May 18th, 2012 - 07:34 pm - Link - Report abuse 0
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Brit Bob
A Tobin Tax would only work if every country in the World adopted the system. As that will not happen it will only drive businesses away from countries that adopt the tax to countries that do not. Simple economics.
May 19th, 2012 - 01:58 pm - Link - Report abuse 0
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Windrider
“...OK, let's see, if we can get a little more lipstick on the 'pig', people won't know that its really a werewolf...uh...right”?

Uh, let's read that again, [United Nations independent experts called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights].

For crying out loud, what is this, 'The Twilight Zone”?!

SOLUTION: Throw every one of the bums (including Ms. Sepulveda) out on their ear and tell 'em they have 30 days to get a real job, or they go straight to jail, DO NOT PASS GO and DO NOT COLLECT $200.
May 20th, 2012 - 07:03 pm - Link - Report abuse 0
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Uncle Sam
@1-3-4........
You three are spot-on about the tax and the U.N.

Think, isn't thinking.

Just a thought : )
May 20th, 2012 - 11:47 pm - Link - Report abuse 0
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