I doubt US polys will be in a position to go it alone on this until the IMF provides them with the April preliminary TT report expanding on the likelihood of all nations cooperation. I prayed for Copenhagen to fail - and it did. India, China, Brazil teamed up against the rest of the world. International agreement to levy a tax would be even more difficult to achieve. Argument about re-distribution of money would be divisive in itself. Today's socialist government could agree on the tax, tomorrow's conservatives could remove it.
The IMF would be interfering in the financial business of independent nations. Sarkozy/Brown are using the IMF to further their socialist ambitions, top up their own mismanaged economies. Brown thinks a tax on finance will have him re-elected. His re-election chances are not looking bright. The IMF is the outfit to watch. The idea began as a GFC mitigation, so now its morphed into a global warming funder.
27 US proponents? How does this work? Does the bill's success or failure depend on a majority of votes at any stage? Can the bill be thrown out for lack of early votes, can it be postponed? These things usually depend on majority votes?
