How it works
The Robin Hood Tax is a small tax on banks, funds and other finance institutions that, if approved, will raise hundreds of billions to fight poverty and climate change all over the worldIt can start as low as 0.005 per cent and average 0.05 per cent.
Why now?
Because of the financial crisis, services are under fire.
At the same time, poor communities and the environment are being hit hard – as aid and green budgets are slashed by rich countries.
So it’s time for the people who caused this mess to pay to clean it up.
Because of the financial crisis, services are under fire.
At the same time, poor communities and the environment are being hit hard – as aid and green budgets are slashed by rich countries.
So it’s time for the people who caused this mess to pay to clean it up.
Who’s in?
Gordon Brown, Angela Merkel (the German Chan
Gordon Brown, Angela Merkel (the German Chan
cellor) and Nicolas Sarkozy (the French President) support a tax on financial transactions.
Plenty of business bigwigs are on-board too. Lord Turner (from the UK Financial Services Authority), George Soros (the philanthropist) and Warren Buffet (US businessman extraordinaire) as well as hundreds of economists back transaction taxes.This isn’t some crazy pipedream. It’s a simple and brilliant idea which transcends party politics and which – with your support – can become a reality.
Is the Robin Hood Tax a good idea?
Plenty of business bigwigs are on-board too. Lord Turner (from the UK Financial Services Authority), George Soros (the philanthropist) and Warren Buffet (US businessman extraordinaire) as well as hundreds of economists back transaction taxes.This isn’t some crazy pipedream. It’s a simple and brilliant idea which transcends party politics and which – with your support – can become a reality.
Is the Robin Hood Tax a good idea?