Poll
Global Tax System--Needed or Not
Germany's finance minister, Peer Steinbrueck, "has called for a global tax to be imposed on
financial transactions in a bid to end" that which his administration is calling "binge-drinking" in the financial markets. "The cost of the crisis should not be borne alone by small taxpayers," Steinbrueck has stated in the Sà ¼ddeutsche Zeitung newspaper. The Financial Times says, "One person close to Mr Steinbrà ¼ck said under the proposal, a 0.005 per
cent tax would be paid on all financial transactions by banks,
insurance companies and investment funds." Chancellor Merkel doesn't think it will go anywhere in the next G-20 Summit, but other worldwide observers expect that within the next decade there will be a global tax like this too keep banks from taking their gains abroad and not paying taxes anywhere on them. What do you think? Is a global tax needed for financial institutions?
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KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social development--making-him an enemy of my homelands humongous DEFENSE SPENDING and its focus on using weapons to try and solve global (more... )