Showing posts with label Robin Hood Tax. Show all posts
Showing posts with label Robin Hood Tax. Show all posts

Thursday, April 18, 2013

Majority in the US: Redistribute Wealth, Enact 'Robin Hood Tax' | Common Dreams

Majority in the US: Redistribute Wealth, Enact 'Robin Hood Tax' | Common Dreams
"A majority of people in the U.S. want more equal wealth distribution and support a "Robin Hood tax" on the rich to achieve that, according to results from a Gallup poll released Wednesday, evidence that the economic policies that concentrate wealth and fuel inequality are out of line with what most people want."

Wednesday, April 17, 2013

U.S. Rep Introduces 'Robin Hood Tax' to Fight Austerity-Agenda | Common Dreams

U.S. Rep Introduces 'Robin Hood Tax' to Fight Austerity-Agenda | Common Dreams
"Rep. Keith Ellison (D-MN) reintroduced The Inclusive Prosperity Act, HR 1579, on Wednesday, a financial transaction tax "that would provide hundreds of billions of dollars in revenue annually at a time of great need, and allow the U.S.to join the rest of the world in a growing system of financial transaction taxes," the Robin Hood Tax Campaign announced."

Friday, March 15, 2013

What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams

What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams
"Let’s get one thing straight: The United States doesn’t have a public debt problem. Net interest payments on the federal public debt are less than 1 percent of GDP [PDF], which is about as low as they have been in the post-World War II era.  In the long run, projected debt problems are a result of rising health care costs  – driven by the private sector – and would disappear if we were to reduce these costs to the level of other high-income countries."

Tuesday, March 5, 2013

It’s Time to Tax Financial Transactions | Common Dreams

It’s Time to Tax Financial Transactions | Common Dreams
"On Friday at midnight, the sequester kicked in, triggering $85 billion in deep, dumb budget cuts that sent “nonessential personnel”— such as air traffic controllers — packing. Not to worry, though: Wall Street’s day was pretty much like any other. Billions of dollars in profits were made off of trillions of dollars in financial transactions. And the vast majority of those transactions were conducted tax-free.

Moral of the story: What else is new?
Crash the economy? Free pass. Prevent planes from crashing? Pink slip."