Help to introduce a Robin Hood tax

I saw a newspaper headline recently that said that 10,000 people in the City have been awarded bonuses of £1m or more.

While I am sure they earned and thoroughly deserve their money, it does seem to me that we ought to be putting a little aside to cover the risks (to our financial system) that the way they work brings us.

Suggestions have been made recently to introduce a “Robin Hood Tax”.A small tax, a TINY tax, of one fiftieth of one percent (0.05%) that would raise tens of billions of pounds in the UK and around 250bn worldwide.

Supporters for this idea include former chief economist of the World Bank, Joseph Stiglitz:…
Adair Turner, chief of the Financial Services Authority:
and an open letter from 350 economists:…

Change will not happen without public pressure, so if you would like to support this idea, click here
and tell your friends to do the same.

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