To tax or not to tax, that was the main question brought up by Dominique Strauss-Kahn, IMF’s managing director, at the G20 meeting this weekend. In his opinion, banks should no longer have to depend on government’s salvation when dealing with future crisis’s, but rather have a strong-based fund to fall back on. Although a Tobin tax on financial transactions was suggested earlier on, Mr Strauss-Kahn favoured for a more practical and broader bank tax, feeding the fund. Alistair Darling, MP, Chancellor of the Exchequer, already agreed to examine his proposals even though he’d rather concentrate on straightening the bank’s capital than subjecting them to new taxes.
Brecht Van Boxelaer
1 opmerking:
To tax or not to tax, that was the main question brought up by Dominique Strauss-Kahn, IMF’s managing director, at the G20 meeting this weekend. In his opinion, banks should no longer have to depend on government’s government salvation when dealing with future crisis’s crises , but rather have a strong-based fund to fall back on. Although a Tobin tax on financial transactions was had been suggestedsuggested earlier on, Mr Strauss-Kahn favoured for drop the word 'for' a more practical and broader bank tax, feeding the fund. Alistair Darling, MP, Chancellor of the Exchequer, has already agreed to examine his proposals even though he’d rather concentrate on straightening the bank’s capital than subjecting them to new taxes.
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