Pittsburgh Post-Gazette logo Pittsburgh Post-Gazette 3 weeks ago

U.S. rejects call for tax to fund bailouts

U.S. Treasury Secretary Timothy Geithner yesterday turned a cold shoulder to British Prime Minister Gordon Brown's call for a global tax on financial transactions by banks. Full Article at Pittsburgh Post-Gazette

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  1. ST. ANDREWS, Scotland -- British Prime Minister Gordon Brown surprised G-20 finance ministers by urging them to consider a tax on global financial transactions, but the idea got a lukewarm response. Full Article at China Post

  2. Mr Darling said the Prime Minister had been right to suggest at the G20 summit in St Andrews that a "Tobin" tax be levied on financial transactions to pay for future bank bail outs. Full Article at The Scotsman

  3. Nov. 9 (BusinessWire) – British Prime Minister Gordon Brown proposed a global financial transactions tax as a way of extracting an insurance levy from banks. Full Article at Scoop - New Zealand News

  4. British Prime Minister Gordon Brown has called on the G20 to consider a tax on financial transactions to fund future bailouts and make banks more accountable to society. Full Article at ABC Online

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  1. Brazilian Foreign Minister Celso Amorim gestures, during a press conference after a Ministerial meeting of the Group of 20 (G20), in Geneva, Switzerland, Sunday, Nov. 29, 2009. The 7th Ministerial Conference of the World Trade Organisation, WTO, is held in Geneva from Nov. 30 to Dec. 2, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 07:  Timothy Geithner, U.S. Treasury Secretary gives a media conference at the end of the G20 finace ministers meeting on November 7, 2009 in St Andrews, Scotland.
  3. WASHINGTON - NOVEMBER 30:  U.S. Treasury Secretary Timothy Geithner (R) greets Australian Prime Minister Kevin Rudd  outside the Treasury Building November 30, 2009 in Washington, DC. Rudd and Geithner met following the Prime Minister's meeting with U.S. President Barack Obama.
  4. Treasury Secretary Timothy Geithner greets Australia's Prime Minister Kevin Rudd at the Treasury Department in Washington, Monday, Nov. 30, 2009.
  5. WASHINGTON - NOVEMBER 18:  Treasury Secretary Timonthy Geithner hosts a small business forum in the Cash Room at the Treasury Department November 18, 2009 in Washington, DC.
  6. WASHINGTON - NOVEMBER 19:  U.S. Treasury Secretary Timothy Geithner testifies during a hearing before the Joint Economic Committee on Capitol Hill November 19, 2009 in Washington, DC. Geithner testified on how the financial regulatory reform will impact the economy and taxpayers.
  7. WASHINGTON - NOVEMBER 18:  Treasury Secretary Timothy Geithner (R) talks with Small Business Administrator Karen Mills during a small business forum at the Treasury Department November 18, 2009 in Washington, DC.
  8. US Treasury Secretary Timothy Geithner (L) talks with Committee Chariman, Senator John Kerry before the Senate Foreign Relations Committee hearing on 'The US and the G-20: Remaking the International Economic Architecture' on November 17, 2009 on Capitol Hill in Washington, DC.
  9. SINGAPORE - NOVEMBER 12:  Timothy Geithner, U.S. Treasury secretary, looks on at the Foreign Ministerial Meeting dinner during the Asia Pacific Economic Cooperation Summit on November 12, 2009 in Singapore.

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