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Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
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Thursday April 10, 2003 10:02
by conor obriain - attac ireland/attac na hEireann
ireland at attac dot org
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Comments (2 of 2)
Jump To Comment: 1 2Yay! but surely the Tobin tax only works if *every* country in the world supports it. Otherwise traders can just up sticks each time somewhere introduces the tax.
There's a lot of stuff by economists sympathetic to the Tobin tax which argues that the tax doesnt have to universally applied - that a significant "Tobin Bloc" would suffice for starters. Also relocation itself involves costs for the would be evader. Anyone interested can refer to the further reading articles on the website. And anyone interested in getting involved in the Tobin Tax Initiative can e-mail me or keep an eye out for future postings on Indymedia about upcoming meetings.