The Robin Hood Tax
It sounds complicated, but actually it isn't. A tiny tax on bankers has the power to raise hundreds of billions every year - giving a vital boost to the NHS, our schools, and the fight against child poverty - as well as tackling poverty and climate change around the world. Not complicated. Just brilliant.
It sounds complicated, but actually it isn't. A tiny tax on bankers has the power to raise hundreds of billions every year - giving a vital boost to the NHS, our schools, and the fight against child poverty - as well as tackling poverty and climate change around the world.
Not complicated. Just brilliant.
Thinking strategically, it seems like depositing some portion of the revenues into something like a postal savings bank would be a good idea.
Imagine being able to talk to small business owners about freeing up credit by taxing these transactions in the City. Killing the Middle England argument early would suck a lot of the air out of any opposition to the idea.
I really hope that globally, labor organizations pick up on this. The Robin Hood framing is great. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
