Adbusters: Robin Hood Tax Gains Traction
Adbusters ..
As Occupy gears up for the American Spring, our European counterparts will soon have one OWS victory to put in their cap. In France this past week, lawmakers put their backing behind a bill for a Robin Hood (Tobin) Tax. The tax, a fraction of a percent on all derivative, currency and securities transactions, will equate to billions of dollars for social programs (at a nominal cost to the markets) and will reign in the worst elements of speculative trading in Europe. This marks the long beginning of the necessary radical shift in the economic paradigm of our age. Germany and the Eurozone states are already on board, leaving only the U.K. and the U.S. defending unbridled neo-conservative free market gains
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This entry was posted on Saturday, January 21st, 2012 at 9:31 AM and filed under Activism, Articles, Economics, Peace, Politics, Youth. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.
