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.

 

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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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