‘Eurobarometer’ show Europeans strongly in favour of Robin Hood Tax

The European Parliament poll called the ‘Eurobarometer‘ shows that Europeans are strongly in favour of a tax on financial transactions initially at the European Union level if global agreement is not possible.

“This Eurobarometer survey on “Europeans and the crisis” is the third such survey realised by the European Parliament. The first one was carried out in January-February 2009, six months before the European elections, while the second was conducted in September 2010. This fieldwork for this survey was carried out by TNS opinion between 13 April and 2 May 2011 on the basis of face-to-face interviews with 26 825 European citizens.”

A total of 61% of all respondents supported the principles of a financial transaction tax. The highest support for the tax was in Austria with 80% of respondents in favour.

When questioned on why the support the tax, over 40% believed that it would “combat excessive speculation and so help to prevent future [financial] crisis.” A further 35% said they believed the finance sector should contribute to the cost of the global financial crisis.

Details of the Eurobarometer is available on the European Movement website.

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