Germany's finance minister proposes global tax on finoperatsii

Germany's finance minister Steinbrueck urged to introduce a global tax on financial transactions to prevent a recurrence "of alcohol drinking bouts" among participants in financial markets, Interfax reports. Proceeds from the proposed tax, he said in an interview with Suddeutsche Zeitung, will be used to compensate the States for expenses incurred in razgrebanie financial crisis and the rescue of individual financial institutions. "The burden of the costs of the crisis should not alone bear the small taxpayers," - said the minister.

Source Financial Times reported that, at the suggestion Steinbrueck, the new 0.005% tax to pay banks, insurance companies, investment funds. Earlier, a similar idea on the introduction of global taxes, and expressed the head of the British financial regulator Financial Services Authority Lord Turner. Steinbrueck believes that, if the idea of a global tax on financial transactions will not be supported by the "Group of 20", then Germany could impose tax on stock transactions.

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