The Banker, by the Robin Hood Tax, UK, Feb. 9, 2010
Campaign video by Richard Curtis and Bill Nighy, about the Robin Hood Tax, a tiny tax on bank transactions that could raise hundreds of billions for public services and to tackle poverty and climate change at home and around the world.
Saturday, March 16, 2013
RobinHood Global March to Tax Financial Transactions
OCTOBER 29 – #ROBINHOOD GLOBAL MARCH, Adbusters, Oct. 29, 2011
Adbusters, the global network that initiated the idea of Occupy Wall Street and their website OccupyWallStreet.org, has now initiated a new campaign, a global march set for Saturday, October 29, 2011, the eve of the G20 Leaders Summit in France.
Adbusters is proposing “let the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.”
This is a proposal by Adbusters for the general assemblies of the Occupy movement to organize protests in cities throughout the world on Saturday, Oct. 29, 2011.
Adbusters, the global network that initiated the idea of Occupy Wall Street and their website OccupyWallStreet.org, has now initiated a new campaign, a global march set for Saturday, October 29, 2011, the eve of the G20 Leaders Summit in France.
Adbusters is proposing “let the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.”
This is a proposal by Adbusters for the general assemblies of the Occupy movement to organize protests in cities throughout the world on Saturday, Oct. 29, 2011.
Bill Gates Drafts Plans for Robin Hood Tax for G20 Meeting in France
Bill Gates backs Robin Hood tax on bank trades, Guardian, UK, 9/22/2011
Microsoft founder to tell G20 to back the tax which could raise $48bn a year for aid and development
Gates was asked by French President Nicolas Sarkozy to come up with draft plans of the proposed financial transaction tax before the G20 meeting in Cannes, Frances on November 3, 2011.
Max Lawson, spokesman for the Robin Hood Tax campaign, said Gates’s backing for a transaction tax meant it was “game on”. He added: “The Germans and French moving ahead to implement the tax. “George Osborne needs to support this tax and show us he is on the side of the poor and the needy, not the banks and the greedy.”
Microsoft founder to tell G20 to back the tax which could raise $48bn a year for aid and development
Gates was asked by French President Nicolas Sarkozy to come up with draft plans of the proposed financial transaction tax before the G20 meeting in Cannes, Frances on November 3, 2011.
Max Lawson, spokesman for the Robin Hood Tax campaign, said Gates’s backing for a transaction tax meant it was “game on”. He added: “The Germans and French moving ahead to implement the tax. “George Osborne needs to support this tax and show us he is on the side of the poor and the needy, not the banks and the greedy.”
“Let Wall Street Pay for the Restoration of Main Street Act” Languishes in U.S. Congress
Let Wall Street Pay for the Restoration of Main Street Act
Congressman Peter DiFazio, a Democrat from Oregon, had introduced H.R. 4191, the Let Wall Street Pay for the Restoration of Main Street Act. This bill would asses a minuscule ¼ of one percent tax on speculative Wall Street trading and an infinitesimal two hundredth of one percent on exotic derivatives. This tax was specifically targeted at high volume speculative traders on Wall Street, and would have no impact on average investors and pension funds. Under this bill the speculation tax would be exempted or refunded from tax-favored retirement accounts, mutual funds, education savings accounts, health savings accounts, and the first $100,000 of transactions annually.
See DeFazio’a Introduction of the bill as announced in his Congressional website at DEFAZIO INTRODUCES LEGISLATION INVOKING WALL STREET ‘TRANSACTION TAX’
The bill was introduced to the U.S. House of Representatives on December 3, 2009 and only received the support of 25 of DeFazio’s colleagues in the House.
A similar bill was introduced in the Senate by Sen. Tom Harkin (D – Iowa). Harkin calls for tax on financial transactions, The Hill, April 16, 2010. Harkin and others argued a very small levy on short-term financial transactions would curb speculative trading and raise an estimated $100 billion annually.
Congressman Peter DiFazio, a Democrat from Oregon, had introduced H.R. 4191, the Let Wall Street Pay for the Restoration of Main Street Act. This bill would asses a minuscule ¼ of one percent tax on speculative Wall Street trading and an infinitesimal two hundredth of one percent on exotic derivatives. This tax was specifically targeted at high volume speculative traders on Wall Street, and would have no impact on average investors and pension funds. Under this bill the speculation tax would be exempted or refunded from tax-favored retirement accounts, mutual funds, education savings accounts, health savings accounts, and the first $100,000 of transactions annually.
See DeFazio’a Introduction of the bill as announced in his Congressional website at DEFAZIO INTRODUCES LEGISLATION INVOKING WALL STREET ‘TRANSACTION TAX’
The bill was introduced to the U.S. House of Representatives on December 3, 2009 and only received the support of 25 of DeFazio’s colleagues in the House.
A similar bill was introduced in the Senate by Sen. Tom Harkin (D – Iowa). Harkin calls for tax on financial transactions, The Hill, April 16, 2010. Harkin and others argued a very small levy on short-term financial transactions would curb speculative trading and raise an estimated $100 billion annually.
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