Isn’t it self-evident? We can introduce a global tax in order to pay for today’s major priority of development cooperation. With the money levied on monetary speculation, the Tobin tax or the currency transaction tax, we can help to fight poverty.
Unfortunately, this is not a good idea. Because the MDG’s (Millennium Development Goals) are not ambitious and can be financed by making use of other means. And because the Tobin Tax is meant to regulate financial markets. In this article, I briefly want to explain these two points.
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Posted by
mikael
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Published:
2005-04-03