Saturday, November 07, 2009

UK: Gordon Brown’s transaction tax given lukewarm reception

So in the dying days of the UK Labour government, with no hope of being re-elected, Brown is trying to impose global socialism for one last time, with a "transaction tax" on all financial institutions, to funnel a proportion of all global financial transactions back to the government for redistribution, one of the beneficiaries of such a tax being "tackling climate change". But no-one is buying it, thankfully (not even the US):

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