International Development

Treasury opposition to Tobin Tax is “bad faith”

Campaigners have reacted with anger to reports over the weekend that the Treasury is blocking German and French plans for a tax on currency transactions - a "Tobin Tax" - which would be used to help the world's poorest nations. Estimates suggest that $17 to $33 billion could be raised by the tax depending on which countries took part.

Will Straw ·

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