A Tobin tax? The outré is back in
One after another, they are accepting the CTT. Perhaps even the politicians of the USA will one day embrace Tobin's Tax? But what to do with all the revenue it would generate?
The latest to come out in favour of the microtax on financial transactions is French Finance Minister Christine Lagarde. Would all that money which the tax would generate be used pour l'aide au citoyens (to aid the citizens, as it the name of ATTAC)?
Questioned by Doug Saunders of the Toronto newspaper Globe and Mail, Ms. Lagarde recounted a famous fable by Jean de La Fontaine:
“The farmer walks to the market with big jar of milk on her head, and she thinks, ‘Once I sell my milk, I will buy a cow and I will buy this and that,' and she gets so excited by all this that she starts dancing, and this makes the milk fall off her head and spill. And all the dreams are gone.”Read the full story here.
Last modified 2010-02-08 05:33 PM
