Transaction tax as tool for further concentration of non-democratic power and a global government ? /// http://en.wikipedia.org/wiki/Financial_transaction_tax Euronews : http://www.youtube.com/watch?v=EN5qHH68IvU Sarkozy : He said France, Germany and other countries supported the idea of a financial transaction tax - and France would fight to make it reality. "The G20 recognises the initiatives of some member states to tax the financial sector, with various objectives including a tax on financial transactions to support development," he said. /// http://www.reuters.com/article/2011/11/04/g20-tax-idUSN1E7A302520111104 Nov 4 (Reuters) - A proposal for a financial transaction tax to raise new new funding for poor countries failed to win the backing of the G20 although France President Nicolas Sarkozy said he planned to still pursue the idea. ////// http://www.tax-news.com/news/US_Lawmakers_Propose_Financial_Transaction_Tax_... US Lawmakers Propose Financial Transaction Taxby Mike Godfrey, Tax-News.com, Washington04 November 2011 Senator Tom Harkin (D - Iowa) and Representative Peter DeFazio (D - Oregon) have introduced bills in both sides of the United States Congress to place a financial transaction tax (FTT) on trading activities undertaken by banking and financial firms, with effect from January 1, 2013. /// also see : http://gco2e.blogspot.com/2011/11/robin-hood-tax-is-another-cruel.html excerpt : The finance sector gets its money from land, money and monopoly rents, and by siphoning off savings and investments. Then they play "poker" with it. Collecting the gambling chips to feed them back via economic rents will be * completely* ineffective at best, at least from a systemic level! The Financial Transactions Tax has found wide acceptance, from the European leaders, the Vatican with their call for a world sovereign bank, and mainstream media. This alone should ring alarm bells among reformers. The reason for the support from the ruling elite is that it strengthens their political and economic interests due to its fundamental mis-design. http://www.globalresearch.ca/index.php?context=va&aid=27322 *"Ultimately, any Robin Hood Tax will most likely end up in a giant fund to “ensure that banks are adequately capitalized”, and one which will be used to bailout, or insure big bank losses and trillions in gambling derivative bets gone bad.* In reality, a *Robin Hood Tax* does just the opposite of what its name represents. Rather than stealing from the rich and giving to the poor, it is designed to steal more money through taxation from working people" ... "should first be asking if any government can be trusted to spend their tax revenue responsibly" On Sat, Nov 5, 2011 at 4:00 PM, natalie wrote:
http://nationalmemo.com/article/financial-transaction-tax-nurses-union-defin...
_______________________________________________ P2P Foundation - Mailing list http://www.p2pfoundation.net https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation