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I did think Germany was against the transaction tax but after reading this it seems Merkel was still ok with a transaction tax. Any Germans here care to weigh in? http://www.nytimes.com/reuters/2009/12/10/business/business-uk-germany-bonuses.html

Really? Thanks for pointing that out I didnt get that when I read it. Thats pretty crazy, maybe the banks wont give big bonues then. Your right I just found a better article that explains it: Her is an excerpt, it will be interesting to see which way banks choose. Dec. 10 (Bloomberg) --...

The tax has gained momentum but the reality of the US approving of a bill is fairly low at this time. Ubnless it is enacted globally at the same time which will take a while to work out. So far they have not started any type of global negotiations that we know about. You should have atleast...

This new bank bonus levy in the UK is not a good sign, the put in this 50% levy on top of the 40% tax they already have , it wasnt instead of. So bascially its a way to claw back almost the entire bonus. Like the US was thinking about doing last year with AIG. Hopefully it backfires and...

http://online.wsj.com/article/BT-CO-20091209-709723.html Finally a big firm lobbying against the Trading Tax, TD AMERITRADE

Thanks for the insight from someone on the ground in Germany. I know they said its off the table, and one country doesnt want to raise taxes we understand that but when other countries do and then Germany can see they wont be affected if they raise the tax then they might. Because like you said...

Well we generally think it wont happen, but pols are dumb and we cannot put anything past them. AND if most countries agree , it actually wouldnt hurt them as long as all the major financial centers agreee it will be status quo for them plus extra revenue. So we shall see. I dont think our...

Brown and the UK Treasury are pushing the transaction tax today in a report in london. So this is where it gets chippy. Hoyer as well as pelosi want it to be global. I think they only really care about the UK , if the UK goes ahead and talks this up there could be back door meetings with the US...

Ahhh now I see!!

ANOTHER HILL ARTICLE, NOT ON OUR SIDE! COMMENTS NEEDED. I got the ball rolling with a comment, not a great one against the tax more of showing what an ass the journalist was, will post another comment soon with my opposition for the tax:)...

No a new bill was introduced this week hr4191 by defazio with more support and different tweaking then the one from the begining of the year which was hr 1068. The new one was introduced a few days ago.

This article is a little scary becuase it doesnt say that this Republican senator opposes the bill, its the nancy pelosi syndrome of must be global so we do not have job losses. You figure a republican senator would vigorously oppose a tax

The DeFazio bill has been referred to the House Ways and Means Committee. "We have no plans at this time to hold hearings on the bill," said Matthew Beck, a spokesman for the committee. That is a very recent statement from House Ways and Means regarding the new defazio bill HR 4191 This...

I used to live in Colorado and am embarassed about the Rep Ed Perlmutter. David Harsanyi a columnist for the Denver Post wrote this article a few weeks ago: http://www.denverpost.com/harsanyi/ci_13875881 I emailed him about it to give him more info and he did respond to me. So if anyone...

He didnt say anything about the tax it was just talk with kudlow about other things

Just making sure if your from France not trying to offend you:) I just cannot take anymore of Sarkos threats to walk out on Global meetings when he doesnt get his way, but never walks out!

Dean Baker on cnbc now, lets see if he talks about the tax, right now he is talking about cap gains on small businesses

Bernard Kouchner has been trying for this for years thru the UN. The problem with it is no matter what the US would not sign on for development , we might sign on if we can keep our money. There is such a need for revenue domestically they would not throw it away to developing countries at this...

Agreed 100% there will not be a time we can call this dead for a long time, regardless. But as republicans get into office it will help. But as you say we need to keep fighting it no matter what.

Thanks GURU much appreciated