'The Prime Minister used a speech at a meeting of G20 finance ministers in St Andrews to call for the new tax to fund future bank bailouts â despite previous government opposition to such a move. However, within hours of his speech, both the US and Canada rejected the plan. Timothy Geithner, the US Treasury Secretary, said: "That's not something that we're prepared to support." Canada's finance minister, Jim Flaherty, said: "It is not something we would be interested in in Canada. We are not in the business of raising taxes, we are in the business of lowering taxes in Canada. It is not an idea we would look at." Dominique Strauss-Khan, head of the International Monetary Fund (IMF), also poured cold water on the plan. âI donât believe it will be a transaction tax because transactions are very difficult to measure and so itâs very easy to avoid a transaction tax,â he said. The swiftness of the rejection was a serious blow for Mr Brown who had gone to Scotland to deliver a trenchant message to banks worldwide amid continuing public anger over their return to profitability and bonus payments after being kept afloat by taxpayers.' http://www.telegraph.co.uk/news/newstopics/politics/gordon-brown/6521548/Gordon-Brown-worldwide-snub-over-tax-plans.html oh dear, what a shame. dont these people KNOW he's saving the world?