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March 2010
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MEPs vote overwhelmingly for an EU Tobin Tax

Related: IMF chief calls for quota-based global warming slush fund | EU considers general carbon tax | Gordon Brown’s plan for global bank tax ‘a step closer’ | Global Bank Insurance Levy Wins Support over Transaction Tax at Davos | Harper urges G20 to follow economic accords | Bankers unite against Barack Obama and Gordon Brown in call for world regulation | IMF warns against retreat from stimulus spending | Banks find gaping loophole in Obama financial reforms | Obama talking tough with banks | EU urged to adopt bank supertax | Obama ponders bank transaction levy to recoup bailout shortfalls | Explosive Leaked Emails Expose Treasury Secretary Geithner’s Deception in ‘Backdoor Bailout’ | Final Copenhagen Text Includes Global Transaction Tax | EU calls for tax on bank transactions | UK: Brown takes campaign for Tobin tax to Commonwealth | UK: Brown proposes global fund to kick-start Copenhagen climate change process | Flaherty, USA say no to global financial tax, yes to continued ’stimulus’ at G20 | Bernanke continues pressing for sweeping new powers for Fed | IMF chief wants global bank tax | G20 nations meet as protests flare on issue of international banking regulation | IMF approves $13bn gold sale to boost lending fund | China Set to Buy $50 Billion in IMF Notes | China calls anew for super-sovereign currency | No one talking about dumping dollar: China minister | China explores buying $50bn in IMF bonds | Chinese economists deem huge holding of US bonds “risky” as Geithner visits | A Bigger, Bolder Role Is Imagined For the IMF | UK PM reveals G20 plan to boost IMF by $1 trillion, hails new world order (again) | UN & IMF Back Agenda For Global Financial Dictatorship | IMF poised to print billions of dollars in ‘global quantitative easing’ | Gordon Brown seeks sweeping reforms to give IMF global ’surveillance role’ | IMF may need to “print money”, act as “world’s central bank” as crisis spreads | Globalists Exploit Financial Meltdown In Move Towards One World Currency | World needs new Bretton Woods, says Brown | IMF prescribes state regulation of ‘global financial order’ | Bilderberg Seeks Bank Centralization Agenda | Banks face “new world order,” consolidation: report

Daniel Hannan, The Telegraph
March 10, 2010

As predicted, the European Parliament has voted for a tax on financial transactions, to be levied directly by Brussels. The vote went through by 536 to 80: only my own group, the European Conservatives and Reformists, voted solidly against the measure, although we had some support from UKIP and its allies as well as two Danish liberals and two Portuguese conservatives.

Anyone wondering why David Cameron broke with the palaeo-federalist EPP need only look at its automatic support for such measures as this. With a handful of exceptions — such as those two heroes from our oldest ally - the Christian Democrats invariably vote for higher taxes, greater state intervention and Euro-corporatism. I do wish British journalists would stop lazily refering to the EPP as “Centre-Right”; the EPP itself angrily insists that it is “a party of the Centre”.

The Tobin Tax might well be vetoed by one or other of the national governments. But the campaign for pan-European taxation is only just beginning. This will be the big battleground of the next five years. It’s time for a European Tea Party.

Source | See also under Taxation: Green energy bubbles threaten to pop at both Federal and Municipal levels | IMF chief calls for quota-based global warming slush fund | Frustrated Icelanders vent rage by voting no in referendum | EU considers general carbon tax | UK: Spy chips hidden in 2.5 million dustbins, councils plan 60% tax hike | Greece unveils radical austerity package | Tories hand out $75 billion worth of ’spending restraint’ | Obama unveils newest health-care plan | Gordon Brown’s plan for global bank tax ‘a step closer’ | EU leaders reach secret Greek bailout deal | HST ad campaign debuts in Ontario | The US budget: Barack Obama’s $3.8 trillion red ink blueprint | Global Bank Insurance Levy Wins Support over Transaction Tax at Davos | Cellphone fines up to $500 for Ont. drivers start Monday | IMF warns against retreat from stimulus spending | Terence Corcoran: Ontario puts $10B in the wind | EU urged to adopt bank supertax | Flaherty’s economic plan blasted as leading to taxation or cuts | Obama ponders bank transaction levy to recoup bailout shortfalls | Running a red light? It’ll cost you big time now | Ont. deficit could linger for years: McGuinty | French Carbon Tax Law Struck Down | Copenhagen Accord Establishes Global Government Framework | Final Copenhagen Text Includes Global Transaction Tax | Lower tax haul helps widen Ottawa deficit, $56.2B shortfall expected | EU calls for tax on bank transactions | HST bill passes, 13% tax starts July 1 | Poll: HST equals Hated Sales Tax | Taibbi: Obama’s sellout to Wall Street creates ‘permanent bailout’ | Tories, Liberals, Bloc approve HST for Ontario and B.C. | Anti-HST protest at Ontario legislature spills onto Toronto streets | More HST debate fallout after Ontario Legislature sit-in | Bombshell UN Climate Documents Reveal Planned “End Run” Around National Sovereignty | Liberals to support HST bill | Tory HST protest halts Ontario question period | UK: Brown takes campaign for Tobin tax to Commonwealth | Federal HST tax bill to be introduced, plays politics with law | Ontario Tories walk out to protest lack of hearings on HST | Contentious HST bill introduced in Ontario | Leaked G20 Documents Shed Light on Global Carbon Tax | Food under $4 to be HST-free, Ontario says | GPS Tracked Road Tolls Back On Agenda for Toronto Metrolinx | Report suggests road tolls, parking and fuel taxes for GTA | Everyone in Britain could be given a personal ‘carbon allowance’ | Czech President: Copenhagen to be ‘Largest tax increase in world history’ | McGuinty says HST doubters exist in Liberal ranks | Copenhagen’s Plans for a New ‘Government’ are Scary | UK: Secret Plan for Euro Income Tax | Copenhagen, carbon, and the global corporate agenda | Electronic health is the boondoggle of boondoggles | IMF chief wants global bank tax | Canadian taxpayers on hook for any H1N1 vaccine damages | Ontario deficit $2.5B worse than expected due to drop in corporate tax | Ont. gives green energy price guarantee | If passed, HST locked in through 2012 | New HST tax is fair, McGuinty says | Thousands rally against coming HST tax in BC | Sarkozy launches carbon tax to help ’save the human race’ | Quebec’s photo radar starts ticketing | Flaherty offers taxpayer-funded bribe to adopt HST tax, holdout provinces demur | BC, like Ontario, moves to harmonize taxes | Vancouver kicks off quest for ways to fund transportation system | Cost Of US Bailout Hits A Whopping $24 Trillion Dollars | Ontario to subsidize electric cars as auto-sector boost | G8 Summit: Rich nations to pay green tab | G8 leaders see no early end to stimulus | Climate Cops To Fine “Wasteful” Homeowners & Businesses | Goldman Sachs: The Great American Bubble Machine | US cities may have to be bulldozed in order to survive | Ontario Liberals pressing to hide new ‘harmonized’ tax in prices | Ontario unveils cap-and-trade legislation | Economic stabilization may rely on carbon economy, economist says | ‘Smart meters’ set to boost prices, track your power consumption by time of day in Toronto | GM deal likely involves bigger sacrifices: McGuinty | With interest rates at zero, Fed looks at going negative | Revenue Canada destroys man’s life, refuses to pay for million-dollar mistake | NRTEE Carbon Market Panel is ‘Round Table on Socialist Planning’ | Climate panel presses for federal cap-and-trade system | Which Banks Will Rule? | Carbon tax resurfaces in Liberal policy proposal | Canada Revenue Agency employees arrested in corruption probe | Obama, Gore, tied to Chicago carbon exchange | Ontario to merge GST, PST in ‘harmonized’ tax hike | Ottawa considering aid for private broadcasters | Barclays bank gags Guardian newspaper over tax avoidance leaks | UK Central Bank begins using ‘new’ money | NY Times: Mileage Tax Would ‘Track Where Motorists Have Been’ | Stimulus needed now, Bank of Canada says | Terence Corcoran: Ontario’s green energy plan sneaks in feed-in taxes | Obama outlines ‘hard choices’ budget | Cost of Afghan mission jumps to $11.3-billion | GM wants twice as much taxpayer’s money | Behemoth budget bill to be rammed through parliament unread | Obama signs stimulus bill | Obama takes heat for third cabinet appointee that hasn’t paid taxes | Tories seek extra $331-million for Afghan mission | Fed infrastructure money requires provincial spending | All maxed out? Budget measures would improve credit access | UK Slips New Garbage Bin Taxes into Climate Bill | UK: ‘Spy-in-sky’ trials get the go-ahead despite Government promise to scrap road-pricing plan | Oregon Governor Wants GPS-Tracked Vehicle Mileage Tax | GTA Transit plan needs taxation, ‘governance’ powers | Is road-tolls fix running out of gas? | Ontario raises minimum price for beer | Toronto council approves plastic bag charge, bottle ban | Maybe we should look at Zimbabwe before trying to print our way out of a money crisis | Deficits ‘essential,’ Harper says | Road tolls called ‘inevitable’ | Now the consumer crunch: falling credit limits, rising interest rates | Federal government stages another retreat on road tolls | Federal Road Toll Meeting Sponsorship Kept Quiet Until After Election | Toronto Mayor David Miller hails new taxes on water, trash | New credit cards may shift unauthorized-transaction liabilities to the holder | The Bush gang’s parting gift: a final, frantic looting of public wealth | Is an Internet tax coming? | Metrolinx considering road tolls after all | Bailout is “petty cash”, Inflation is the Federal Reserve’s real crime | Toronto Mayor delays garbage tax grab for twelve months | Garbage bin fee hike possible before new RFID bins even hit the kerb | Next Federal Reserve bank bailout round could cost taxpayers 1$ Trillion Dollars | Central banks continue inflating global economy | Central Banks Move to Transfer Wealth from Taxpayers to Banks | For Toronto, road tolls, fees ‘on the menu’ | B.C. carbon tax kicks in on Canada Day | Road tolls, a bitter pill that works | Microchip bin tax scheme to go ahead despite failures | Feds Stealing from UI fund, Layton says | Time has come to put ‘price on waste and pollution’: Dion | Toronto Residents Furious Over RFID Garbage Bins | Pay-As-You-Drive Car Insurance | Is it time for toll roads? | Metrolinx Proposes Satellite Vehicle Tracking for Road Tolls

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This entry was posted on Wednesday, March 10th, 2010 at 3:38 pm and is filed under economics, globalization, taxation. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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MEPs vote overwhelmingly for an EU Tobin Tax

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