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white house on geithner The White House on Thursday voiced its backing for U.S. Treasury Secretary Timothy Geithner after he endured a grilling before Congress over the costly bailout of insurer AIG, and one lawmaker urged him to resign. "Secretary Geithner has helped steer the American...

Dow Jones story on Pelosi Some House Democrats floated the idea of the tax as a way to raise revenue to pay for the cost of another economic stimulus bill. One proposal circulated this week could raise around $150 billion a year. Rep. John Larson (D., Conn.), a member of the House leadership...

Is it time to consider tobin tax, wonders RBI governor In 2006, when the first wave of capital infows hit Indian shores, then Reserve Bank of India (RBI) Governor YV Reddy wondered aloud if a tobin tax should be considered. He was shouted down by stock markets which were enjoying the...

Congress and Big Labor Collaborate to Raise Taxes http://blog.heritage.org/2009/11/18/congress-and-big-labor-conspire-to-raise-taxes-on-non-union-retirement-plans/ Supporters of higher taxes and larger government have often suggested taxes on financial transactions in various forms as a...

WSJ blog on tran tax http://blogs.wsj.com/washwire/2009/11/19/creating-jobs-on-main-street-or-saving-jobs-on-capitol-hill/ The move to impose a transactions tax on Wall Street – formally unveiled in the House on Tuesday – also appears to mark a significant assertion of independence by...

The questioner of geithner was Loretta Sanchez from California http://www.lorettasanchez.house.gov/

geithner was just asked about the transaction tax and he said no in the hearing on tv for those of you listening or watching

new post up from green http://www.greencompany.com/blog/index.php?postid=36

It’s been a week since Gordon Brown stole the headlines at the G20 Finance Ministers’ Meeting at St Andrews on 7 November by supporting a Financial Transactions Tax (FTT). Was it all a flash in the pan, or has Gordon taken the debate to a new level? In truth, the campaign for what...

SIFMA Opposes Securities Transaction Tax The Securities Industry and Financial Markets Association (SIFMA) today released a statement from Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy on a legislative proposal that would impose a tax on securities, futures...

How feasible is a financial tax to fund adaptation? Dan Smith, the secretary general of International Alert, an independent peace-building organisation, thinks a tax on financial transactions is just the thing. Why? "Since unimaginably large sums of money are changing hands in currency...

From this past weekend's Economist Desperate measures The prime minister’s flirtation with an idea whose time never seems to come IT WAS, veterans of economic summitry noted, the kind of idea a French minister would once have floated simply to annoy Gordon Brown. On November 7th...

Dr Rowan Williams said that taxation should not be seen as a way of stifling business or redistributing wealth but helping to make the world a better place in which to live. He called for new levies to be introduced on financial transactions and carbon emissions, and an end to the idea that...

http://www.bobsguide.com/guide/news/2009/Nov/13/Gordon_Brown%27s_team_to_lobby_IMF_on_Tobin_tax.html UK prime minister Gordon Brown has sent Treasury officials to lobby the IMF on the implementation of a global Tobin tax. His representatives will also be meeting with officials from other...

In regard to the WSJ editorial opposing the "tobin" (transaction) tax http://online.wsj.com/article/SB10001424052748704576204574531211500981726.html I didnt like this editorial because the argument isn't nearly strong enough the two key points are not made (1) it will actually NOT...

U.K. Prime Minister Gordon Brown said Wednesday he is sticking by his call for a possible financial transactions tax as a way of having banks set aside money to be used for future bank rescues. Brown told finance officials from the Group of 20 leading economies Saturday that they should...

A rare article explaining why a trans tax won't work. Here's another: http://seekingalpha.com/article/114903-a-transaction-tax-to-reduce-liquidity-on-u-s-markets-terrible-idea and still another-- Then there is the simple matter of whether it's a good idea or not to drain...

Revshark on the transaction tax Transaction Tax Is an Ugly Idea 11/06/2009 2:00 PM The state of politics is in a bigger mess than usual, but one of the ugliest and most significant things for investors that keeps popping up is the idea of a transaction tax on "Wall Street." Over on...

Britain and U.S. Clash at G-20 on Tax to Insure Against Crises http://www.nytimes.com/2009/11/08/business/global/08bank.html?hpw The United States and Britain voiced disagreement Saturday over a proposal that would impose a new tax on financial transactions to support future bank...