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Bill Gates backs a Tobin tax

By: Yossel in BRKB | Recommend this post (0)
Thu, 03 Nov 11 2:00 PM | 174 view(s)
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Bill Gates backs a Tobin tax

2 November 2011 Updated at 15:55 ET

Help Microsoft founder Bill Gates has spoken to the BBC about asking the G20 to step up development efforts to ease poverty and his backing of a tax on financial transactions.

Mr Gates is to submit a report to the G20 group of advanced and emerging economies at a two-day summit in Cannes.

He told the BBC's George Alagiah that "steps have to be taken to restore confidence" that governments will pay their debts.

link-
http://www.bbc.co.uk/news/business-15565479

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