Financial Transaction Tax

“BILL NIGHY, ANDREW LINCOLN AND MORE IN OUR NEW FILM ON WHAT A ROBIN HOOD (FINANCIAL TRANSACTION) TAX COULD MEAN FOR EUROPE The year is 2024. Europe has had a Robin Hood Tax for ten years and have been using…

The Robin Hood Tax, aka Financial Transaction Tax (FTT) or Tobin Tax was first proposed by John Maynard Keynes among others around 1936. Its purpose was to develop fairer taxation and curb speculation (today particularly relevant to rapid short-term currency…

Here are a few facts: 1) In the postwar period, the amount of money that Wall Street dealt with every year represented approximately 15 percent of the US GDP. In 1975 it was 17 percent, at the end of the…