Germany fears U.S. rejection of transaction tax

BERLIN, May 22 (BestGrowthStock) – The U.S. may not join
international efforts to tax financial transactions, leaving
Europe to go it alone, German Finance Minister Wolfgang
Schaeuble said in an interview released on Saturday.

If a transaction tax is not agreed globally at the G20
Summit in June, European Union countries would move to come up
with a solution on their own, Schaeuble said in an advance
extract from an article due to appear in Sunday’s Frankfurter
Allgemeine Sonntagszeitung.

“I fear the Americans do not want a financial transaction
tax… If not, the German government will move for a European
solution,” he said.
Stock Market Research

(Writing by Brian Rohan)

Germany fears U.S. rejection of transaction tax