“Robin Hood” Tax Could Raise $700 Billion
Submitted by admin on February 10, 2010 – 1:06 pm
More than 50 charities are supporting a British campaign to levy a tax on transactions between financial institutions, which can be used to help fight poverty, protect public services and tackle climate change. The 0.05% “Robin Hood” tax on financial trades could raise $700bn for world’s poor.
Below, watch a witty video explaining the campaign. Click here for more information from the Guardian UK, and join the campaign on Facebook here.
Tags: Bill Nighy, Financial Speculation Tax, Financial Transaction Tax, FST, FTT, Guardian UK, Robin Hood