Sarkozy announces French financial transaction tax

| January 29

BBC - French President Nicolas Sarkozy has announced plans to introduce a tax on financial transactions. The 0.1% levy will be introduced in August regardless of whether other European countries follow suit.

...In an interview with French television, Mr Sarkozy said he hoped the tax would push other countries to take action. "W
hat we want to do is create a shockwave and set an example that there is absolutely no reason why those who helped bring about the crisis shouldn't pay to restore the finances," he said.

Way to go!


tla January 29, 2012 - 8:55pm
( categories: Miscellany | AgonistWire )