Wall Street tax must be international: Pelosi | Reuters "Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related business from moving overseas, U.S. House of Representatives Speaker Nancy Pelosi said on Thursday. "It would have to be an international rule, not just a U.S. rule," Pelosi said at a news conference. "We couldn't do it alone, we'd have to do it as an international initiative." She is right that it they can't just do it here - but the rest of the world isn't going for her stupid tax. Either give it up, Nance, or make us less competitive yet again. Just like Cap & Tax, the rest of the world isn't going to go along with your hair brained idea. SOME will. Some won't. And those that don't guarantee you silly little plan won't work.