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Robin Hood tax

The Robin Hood tax is a proposed tax on speculative banking transactions.  It is a tax that takes from the rich and gives to the poor.  The proceeds could be used in the fight against global poverty and climate change.  Years ago a top economist proposed a similar though not identical idea, the Tobin tax.

There is an Early Day Motion before parliament, EDM 913  supporting the idea of a Robin Hood tax,  By 11 April 2010 it had been signed by 157 MPs.

You can read more about the Robin Hood tax on the Oxfam website.

 

About Amnesty UK Blogs
Our blogs are written by Amnesty International staff, volunteers and other interested individuals, to encourage debate around human rights issues. They do not necessarily represent the views of Amnesty International.
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