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Mervyn King, Governor of Bank of England, dismisses the Tobin Tax

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Uploaded by on Jan 26, 2010

The Governor of the Bank of England on 26 January 2010 saying the idea of a Tobin Tax for solving the worldwide banking crisis was 'bottom of the list' of options.

The idea of a Tobin Tax has recently been resurrected by a celebrity pressure group under the populist banner of the Robin Hood Tax.

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  • I can't see how it can be called a radical reform.

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