Money

Financial Transaction Tax

Avatar
Written by gad123

Banks resist financial by lobbying against a ‘Financial Transactions Tax’. This is a very small tax on all transactions on financial markets. It would generate considerable funds and bring down the volume of transactions. High-speed speculation would be curtailed and few outside the trading rooms would miss it.

Here is Oxfam’s 2010 campaign video for the financial transaction tax, dubbed “The Robin Hood Tax”:

Oxfam is supporting the Robin Hood Tax campaign as part of a coalition of over 50 charities.

About the author

Avatar

gad123

Leave a Comment