Gordon’s Transaction Tax Not A Winner
Gordon Brown’s suggestions of a ‘Tobin tax’ on Saturday got short shrift from Canada’s finance minister Jim Flaherty and US Treasury Secretary Timothy Geithner. Then the International Monetary Fund’s director Dominique Strauss-Kahn said it would be unworkable. And now City leaders and opposition politicians have waded in dismissing it as a “theoretical proposal” that would be impossible to put into effect without disastrous consequences for London. Likelihood of that gaining momentum before the election. Nil. More Top Stories Big 4 Women Missing Out on …
Gordon Brown’s suggestions of a ‘Tobin tax’ on Saturday got short shrift from Canada’s finance minister Jim Flaherty and US Treasury Secretary Timothy Geithner.
Then the International Monetary Fund’s director Dominique Strauss-Kahn said it would be unworkable.
And now City leaders and opposition politicians have waded in dismissing it as a “theoretical proposal” that would be impossible to put into effect without disastrous consequences for London.
Likelihood of that gaining momentum before the election. Nil.
More Top Stories
- Big 4 Women Missing Out on Partner Positions
- “Sir” Allen No Longer
- HMRC gets tough
- Moodys blames accounting for financial meltdown
- £6.5m loss for Vantis
