“Robin Hood” Tax Could Raise $700 Billion

Robin Hood TaxMore 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.