Robin Hood Tax

The banks crashed the economy and we’ve been paying for their mess ever since. There is a way to make bankers pay and benefit the poorest in the world: The Robin Hood Tax.

The tax is a small levy on financial transactions that could raise enough money to pay for vital public services, fight poverty and climate change across Europe and beyond --it could reverse the disastrous consequences of the financial crisis.  And it is backed by credible economists.

The global finance lobby may have money but we have the most powerful tool of all: our collective voice. It’s time for bankers, hedge-funds and the financial system to take responsibility for the crisis.We can join in asking European leaders to pass the Robin Hood tax! One simple rule could make bankers pay their fair share and benefit some of the poorest in the world -- but the bankers are desperate to defeat it.

European leaders are about to meet in the next few days to decide whether or not to support the Robin Hood tax. But they are under pressure from the big banks and global finance to stop the tax - which is why demonstrating strong public support is so crucial. If we make our voices heard now, we can make sure our leaders do the right thing and pass the Robin Hood tax.  If you want to add your support then here's the link:

Add your voice to ask European leaders pass the Robin Hood tax and make history!

The Robin Hood tax, or the Financial Transaction tax, is a 0.05% tax on financial transactions worth billions or more Euros. It could raise €37 billion to pay for public services and fight poverty and climate change.

The financial transaction tax works like this: governments would collect a tiny tax on financial transactions made by big banks on investments like buying and selling shares, bonds, the currency markets and on commodity trading.

But this isn’t only about money. If this law passes, banks and global finance would finally pay for the mess they put us in. It would correct the injustice where those who have paid for the consequences of the financial crisis are those who had nothing to do with it in the first place.

Our friends at the Robin Hood Tax campaign have been organising for this moment for years. The global finance lobby may have money but we have the most powerful tool of all: our collective voice.
It’s time for bankers, hedge funds and the financial system to take responsibility for the crisis.