Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?
Slashdot Deals: Deal of the Day - 6 month subscription of Pandora One at 46% off. ×

Submission + - Bill Gates Advocates Tax on Financial Transactions (bbc.co.uk)

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.
This discussion was created for logged-in users only, but now has been archived.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:

All power corrupts, but we need electricity.