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Progressives Back Obama Push for Global Tax

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One can't exclude the possibility of such a tax being slipped into a health care or cap-and-trade bill that the Congress or the public could not have time to read before passage. 

Bob Davis of the Wall Street Journal deserves a journalism prize for taking the time to read the recent communiqué issued by the G-20 countries meeting in Pittsburgh. He found they had assigned the International Monetary Fund (IMF) the job of studying how to implement a global tax on America and the rest of the world.

"The IMF assignment from the G-20 has been widely overlooked," Davis noted. His article ran under the headline, "IMF Mulls Global Bank Tax."

The "Leader's Statement" endorsed by President Obama and released at the event declares on page 10 that "We task the IMF 

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