15 Feb 10

Robin Hood Tax / No Bonus for RBS campaigns




The Robin Hood Tax is a new campaign aimed at tackling global poverty and climate change by placing a 0.05% tax on speculative bank transactions; by doing this, billions of pounds could be raised to help others. Read more about it HERE.


No Bonus For RBS is Billy Bragg’s campaign to cap excessive RBS bonuses; these ridiculous payouts still exist, even though £117bn of the UK’s taxpayers’ cash was used to bail the banks out last year. For more information, and to find out what you can do to help, visit the website: nobonus4rbs.co.uk

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3 Comments »

  1. Alex

    It’s just that I am sceptical that these funds sourcing from the tax will really be spent in appropriate way….


    Feb 15 •
  2. the FIrecat

    0.05% isn’t it? not 0.5%. Did you remove my comment because it had a link (to Guardian’s article)? I’d like to think that was a careful measurement to remove a spam, but not censoring. I think this is a wonderful idea for good causes and I’d like to support that. I really do. But I can’t stop feeling a bit skeptical about something that sounds too good to be true in golden colour. I don’t know how taxing on economic activity (but not profit) will affect us all. Are banks going to introduce other charges to customers to compensate, or are they just buggering off to the countries where FTT’s not applied? I don’t know – but we’ve got to hope for the best when this comes to realisation.


    Feb 16 •
  3. the FIrecat

    This got to be done globally. It’ll work if ALL the countries in the world introduce this, not only in the UK.


    Feb 18 •

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