Global

11 EU countries to adopt a Financial Transactions Tax

“A milestone in global tax history”
- Algirdas Semeta, European commissioner for tax policy
In a huge win for Robin, last week, EU finance ministers decided to give the green light to a group of governments to adopt a financial transaction tax. The 11 country group is made up of Belgium, Germany, Estonia, Greece, Spain, France,… More >>

Please send this letter to the French embassy to ensure that France fully commits to a portion of the revenue – no matter how small – from the proposed stamp duty going to development and climate change

To: H.E. Mr. Stéphane Romatet, Ambassador via email info(a)ambafrance-au.org
CC: fghersenti@oxfam.org.uk; shabnam.hameed@gmail.com
FTT Letter to French ambassadors
Dear Ambassador,
I am writing with regards to the impressive leadership that France has shown on the issue of a financial transaction tax (FTT) and to stress the critical need for the French government to confirm it will go towards tackling poverty… More >>

How did Robin Hood fare at the G20?

At the G20 last week, a growing group of G20 countries including South Africa, Argentina and Brazil joined with France, Germany and Spain to back the Robin Hood Tax. The link between the Robin Hood Tax and fighting poverty and climate change became clearer than ever.
Momentum is building and leaves leaders who opposed the tax… More >>

Faith based leaders add their backing to Robin Hood Tax

The faith based community is joining the growing global movement for Financial Transaction Taxes (aka Robin Hood Tax). They can see both the value in sharing global wealth more equitably and slowing down speculative markets.
Archbishop Desmond Tutu wrote an open letter published in the Guardian on 14 October, challenging G20 leaders to ensure that commitments… More >>

Over 1,000 Parliamentarians across the world call for Robin Hood Tax

Over 1,000 Parliamentarians have signed the statement below calling for Financial Transaction Taxes. This includes 7 parliamentarians from Australia – 6 Parliamentarians from the Australian Greens (Senators Bob Brown, Richard di Natale, Penny Wright, Scott Ludlum, Lee Rhiannon and MP Adam Bandt) and Independent Senator Nick Xenaphon.
Parliamentarians’ Declaration for the Financial Transaction Tax (FTT)
WE, THE… More >>

Robin Hood Tax calls echoed by global “Occupy” protesters

Global “Occupy” protests have exposed frustrations against the finance and corporate sector, echoing calls by the Robin Hood Tax coalition for fundamental reforms to financial industries.
Protests began over three weeks ago in New York’s financial district, drawing attention to the greed and corruption of America’s business and political elite. Since then, the movement has gained… More >>

Could President Obama revisit his earlier position in support of financial transaction taxes?

Ron Suskind’s new book, Confidence Men, based on 700 hours of interviews with high-level staff in the Obama administration, reveals that President Obama once supported the idea of taxing financial speculation. Yet the administration’s stance on progressive economic policies was quelled by the influence of some, including former Treasury Secretary Larry Summers, who served as… More >>

Time for you to become a headline supporter!

That’s right – this is your chance to hit the front pages alone with Bill Nighy, Sir Ben Kingsley, Emma Thompson and many many more. And it is so easy. All you need is a couple of minutes and a little bit of creative spirit!

The G20 leaders meeting is in early November. Now, more than… More >>

Robin Hood Tax: Deal likely as France, Germany, Gates raise pressure on EU, G20

This blog is copied from Owen Tudor’s post on the Touchstone the Trade Union Congress blog.
We’re definitely into the final furlong for political agreement on a Robin Hood Tax, although of course implementation will take time. On Friday, the French and German Finance Ministers sent EU Commissioners a three page letter with a four page… More >>

Merkel and Sarkozy step up tempo on Robin Hood Tax

Re-posted from Owen Tudor blog (Head of the UK’s Trade Union Congress’s European Union and International Relations Department)…..
As part of their agreement yesterday – which in general still falls well short of a solution to the Eurozone’s problems, as the European Trade Union Confederation (ETUC) pointed out – French President Sarkozy and German Chancellor Merkel… More >>