Introducing the Robin Hood Tax

Chris Martin (Coldplay), Mark Ruffalo (Avengers, The Kids Are Alright), Tom Morello (Rage Against the Machine) and economist Jeffrey Sachs star alongside ordinary Americans in calling for a Robin Hood Tax.

The Robin Hood Tax campaign is calling for a tax of less than half of 1% on Wall Street transactions that could generate hundreds of billions of dollars each year.

A Robin Hood Tax on Wall Street will provide funding to kickstart the economy and get America back on its feet by creating jobs and strengthening public services like health care, education and infrastructure at home while tackling AIDS, global health, poverty and climate challenges around the world.

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[djjorgensen1]

Wasn't Robin Hood against taxes?

[3DDoor]

Spread the news about this smart tax around on facebook... that might help ;)

[nessquik95]

Watched this in a geography lecture at uni... all I could think was Mark Ruffalo - Just Like Heaven <3 :D

[malcolm kenyon]

not fair ones



[Daniel Olson]

Yes, let's pass the Robin Hood tax. We need to tax the government who have been stealing all our money.

[3DDoor]

You are wrong. In Europe several studies showed that this is the only bankingtax that doesn't effect 'little people', simply because only internal transactions on the financial market are being taxed, not public related services. Also the percentage of tax on transactions is very small, so it will not effect responsible long-term investing. It will only hit some of the insane money-gambling that is ruining our world. Not supporting this tax is allowing others to coninue robbing our wallet :)

[3DDoor]

This is not a tax ON the people, but a tax FOR the people. It will not effect the public at all in a negative way, it only effects financial trading in a very responsible way. Many other goods already are taxed for different reasons, but trading money and speculating is not taxed at all, while huge amounts of money are being made there. The European Commission is in favour of implementing this tax as well, France already did recently. Only financial traders campaign against it, imagine why...

[LilJulian09]

This is one of the scariest things I've ever seen.

How about we try limited government and promote personal responsibility instead of increasing taxes?

[minus5252]

Why would you ever think that this wouldn't affect the "little people?" If this passes, "Wall Street" will just pass the new expense on to its customers, and so on and so on. This is stupid. How about you get rid of politicians who WANTED the WALL STREET BAILOUT...then you'll see the change you want.