Financial Transactions Tax

Two months to get a Robin Hood Tax? Guest blog by Max Lawson

admin - September 21, 2011

Crisis as opportunity, continued: Oxfam’s head of advocacy, Max Lawson updates us on some rapid progress on a European Financial Transactions Tax (aka Robin Hood Tax) and the need for concerted lobbying over the next two months. In a surprise turnaround, Jose Manuel Barroso, the European Commission President, announced on 31 August that the Commission now supports an EU-wide FTT, and will release a detailed …

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Robin Hood: the long view from Ha-Joon Chang (and me)

admin - April 19, 2011

This appeared in today’s Guardian and on its Comment is Free site yesterday. CiF is notable for the number and vehemence of comments, many of them slightly unhinged. 100 comments in the first two hours is about par for the course, evoking images of lots of angry people in bedsits and offices bashing away at their keyboards. Keeps them off the streets, I suppose. Robin …

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What is happening on global bank taxes? Robin Hood reports from the frontline

admin - August 13, 2010

Earlier this year, I posted a fair amount on the new Robin Hood Tax campaign for a financial transactions tax to fund aid and the fight against climate change (start here and follow the links). In a guest blog, Oxfam’s top RHT obsessive, Max Lawson, updates us on the subsequent behind-the-scenes progress “In today’s aid-speak, Robin Hood was a pretty outcome-focussed kind of guy. He …

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The Robin Hood Tax takes off: update, arguments and counterarguments

admin - March 1, 2010

The Robin Hood Tax campaign has certainly struck a nerve. On the one hand, huge public support (within three weeks of the launch, 300,000 views of the Bill Nighy youtube, 120,000 fans on Facebook, 30,000 signed up on email) and serious political interest (UK parliamentary launch with 80 MPs, lobby meetings with all the major parties). But also a significant amount of ‘pushback’ in the blogosphere …

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Why Owen Barder is (mostly) wrong to oppose the Robin Hood Tax

admin - February 12, 2010

Owen Barder has a thought-provoking post setting out his objections to a financial transactions tax (FTT) in response to the launch of the Robin Hood Tax campaign. I’ll run through the areas where we disagree, then where we agree, and finally the areas where I am still sitting painfully on the fence. Where we disagree: First the framing: Owen claims the FTT tries to kill …

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The Robin Hood Tax campaign is launched today – check it out

admin - February 10, 2010

I’ve blogged a few times on the momentum building behind the introduction of a Financial Transactions Tax (see here). Today it steps up a gear with the launch of international campaign calling for a ‘Robin Hood Tax’ (much more memorable!), with the full campaign repertoire – op-eds, a letter signed by 350+ economists, a dedicated website with lots of background materials, and a great youtube (see below) …

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Tobin tax update: how momentum is building for a Financial Transactions Tax

admin - December 17, 2009

The momentum behind the Financial Transactions Tax (a tiny levy of 0.005% on all financial trades would raise about $30bn a year for climate change, development and/or filling fiscal holes) continues to grow since my last post (Why has the Tobin Tax gone mainstream?). The French government, which as far back as 2003 was the first to seriously propose the tax, portrays it as one …

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Breakfast (and climate change megabucks) with George Soros

admin - December 16, 2009

Last week George Soros was passing through London and invited a bunch of NGO types for breakfast at his very nice house in South Kensington. (In case you’re interested we all got sticky pastries, but George made do with grapefruit and muesli). He was en route to Copenhagen to launch his big new idea – using the IMF to pump prime global funding for climate …

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