Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
What's the story with these ads on Slashdot? Check out our new blog post to find out. ×
Politics

Submission + - Bill Gates Advocates Tax on Financial Transactions->

wanzeo writes: With the current G-20 summit dominated by global financial uncertainty, previously unsuccessful tax strategies are getting new attention. In a short interview with the BBC, Bill Gates explains his support for a potential tax on financial transactions. The concept is sometimes called the Tobin tax after its originator, Nobel Laureate economist James Tobin, who first put forth the idea in 1972. Gates points to the success of Britain's Security Settlement Tax, and suggests that large economies like Germany, France, and the U.S. have expressed interest in his plan.
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Bill Gates Advocates Tax on Financial Transactions

Comments Filter:

"Don't tell me I'm burning the candle at both ends -- tell me where to get more wax!!"

Working...