Last Thursday, the EU Commission presented the draft directive for it’s Financial Transactions Tax. The EU expects the tax to deliver revenues of 30-35 billion euros per year (!!!) which it suggests could be used to help consolidate public finances, invest in growth-promoting activity, or meet development aid commitments. Decisions about what FTT revenue will… More >>
The Financial Transaction Tax (FTT) is now a widely discussed policy option that would generate substantial new revenue from the financial sector. The costs of the crisis have been huge, as of the end of December 2009 the amount spent on bank bail-outs by advanced G-20 economies was equivalent to 6.2% of world GDP… More >>
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 >>
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 >>
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 >>
Check out the RHT coalition representative’s brief at the Tax Forum: Oxfam Australia: Tax Forum Participant statement of priorities
Oxfam Australia’s Acting Executive Director, James Ensor, is currently representing the Robin Hood Tax coalition at the Tax Forum. Click here to watch the video blog. http://www.vimeo.com/29761144
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 >>
The merry women and men at the Robin Hood Tax coalition worked with ‘Skippy’ our campaign mascot to write our submission to the Government’s upcoming Tax Forum.
“The Robin Hood Tax Australia Coalition is pleased to present this submission in response to the Australian Government Tax Forum Discussion Paper released on 28 July 2011. Our network… More >>
Media Statement
Monday 5 September 2011
European Commission President José Manuel Barroso is meeting with Prime Minister Gillard today to discuss economic relationship between Europe and Australia, including Europe’s need for a financial transaction tax.
Barosso and other European leaders are promoting the tax as a means to raise much needed revenue and reduce amount of risky… More >>
