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    Oxfam Reaction: G20 Finance Communiqué: On The Financial Sector Tax

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    The spokesperson criticized resistance to proposed bank taxes to pay for economic recovery, saying angry taxpayers will want to know who should pay to clean up the financial crisis. She also said it would be shameful if Canada undermines an IMF-approved bank tax at the next G20 summit. Additionally, she questioned why the African Union is not represented like the European Union, saying Africa needs a seat at high-level economic talks.

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    Oxfam Reaction: G20 Finance Communiqué: On The Financial Sector Tax

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    The spokesperson criticized resistance to proposed bank taxes to pay for economic recovery, saying angry taxpayers will want to know who should pay to clean up the financial crisis. She also said it would be shameful if Canada undermines an IMF-approved bank tax at the next G20 summit. Additionally, she questioned why the African Union is not represented like the European Union, saying Africa needs a seat at high-level economic talks.

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    The spokesperson criticized resistance to proposed bank taxes to pay for economic recovery, saying angry taxpayers will want to know who should pay to clean up the financial crisis. She also said it would be shameful if Canada undermines an IMF-approved bank tax at the next G20 summit. Additionally, she questioned why the African Union is not represented like the European Union, saying Africa needs a seat at high-level economic talks.

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    Oxfam Reaction: G20 Finance Communiqué: On The Financial Sector Tax

    Uploaded by

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    The spokesperson criticized resistance to proposed bank taxes to pay for economic recovery, saying angry taxpayers will want to know who should pay to clean up the financial crisis. She also said it would be shameful if Canada undermines an IMF-approved bank tax at the next G20 summit. Additionally, she questioned why the African Union is not represented like the European Union, saying Africa needs a seat at high-level economic talks.

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    23 April

    Oxfam reaction: G20 Finance Communiqué

    Oxfam spokesperson Bernice Romero said:

    ON THE FINANCIAL SECTOR TAX


    [communiqué p3]

    "There might be resistance to bank taxes now, but when the G20 ministers go home
    to confront angry taxpayers, they won't have forgotten who should be paying to
    clean up this mess."

    "All eyes are now on the G20 heads of state summit in June. It would be shameful if
    rearguard action from Canada scuppers a bank tax after the IMF has given it a
    stamp of approval."

    ON G20 GOVERNANCE

    "The G20 is more representative than the G8. But if the European Union is a
    member, why not the African Union? Africa also needs a seat at the table.”

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