{"id":16021,"date":"2009-11-10T06:23:13","date_gmt":"2009-11-10T06:23:13","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/gordon_brown_drops_bank_tax_idea_after_worldwide_criticism\/"},"modified":"2009-11-10T06:23:13","modified_gmt":"2009-11-10T06:23:13","slug":"gordon_brown_drops_bank_tax_idea_after_worldwide_criticism","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=16021","title":{"rendered":"Gordon Brown drops bank tax idea after worldwide criticism"},"content":{"rendered":"<p>Prime Minister Gordon Brown is pedaling smartly back on his proposal for a financial transactions tax or &#8216;Tobin Tax&#8217; after his surprise presentation, delivered at a Group of 20 finance meeting in Scotland, was met with a chorus of criticism over the weekend.<\/p>\n<p>It is believed that Brown&#8217;s handling of the issue provoked renewed dispute with the Treasury. Chancellor Alistair Darling is said to be frustrated by the prime minister\u2019s promotion of a plan he already knew would be publicly shot down by the US.<\/p>\n<p>The American rejection of the proposal &#8211; &#8220;A day-by-day financial transactions tax is not something we are prepared to support,&#8221; said US Treasury Secretary Tim Geithner (above, with Alistair Darling) &#8211; was followed by rejections from Canada, Russia, the International Monetary Fund and the European Central Bank.<\/p>\n<p><a href=\"http:\/\/www.thefirstpost.co.uk\/55831,news-comment,business,gordon-brown-drops-bank-tax-idea-after-worldwide-criticism\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Gordon Brown is pedaling smartly back on his proposal for a financial transactions tax or &#8216;Tobin Tax&#8217; after his surprise presentation, delivered at a Group of 20 finance meeting in Scotland, was met with a chorus of criticism<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=16021\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,149,199,680,588,151,599,596,584,668],"tags":[],"class_list":["post-16021","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-economy","category-england-uk","category-finance-and-cb-ministers-saint-andrews-scotland-november-2009","category-g20","category-politics-in-general","category-stock-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government","category-treasury-secretary-timothy-geithner"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/16021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16021"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/16021\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}