All posts tagged: finance


Robin Hood Tax: Bill Gates, Warren Buffet and Millions Worldwide Plan the World’s Biggest Bank Job

The Robin Hood Tax is a proposed tax on banks and financial institutions, that would raise hundreds of billions every year, to address problems of poverty and climate change worldwide. The idea Remember Robin Hood? He took from the rich and gave to the poor. And looked a bit like Russel Crowe. The Robin Hood tax does exactly that, except in this case, the ‘rich’ are banking and financial institutions. And the ‘poor’ are the public services, poverty and climate change issues worldwide. The current financial crisis and recession have left a massive hole in the public finances of several EU countries, as well as the US. Jobs and public services are at risk in developed countries, while many developing countries also face severe problems, the biggest being poverty and climate change. The Robin Hood tax attempts to clear up the mess the way Robin Hood would! Hundreds of Thousands of Robin Hood supporters worldwide believe that banks, hedge funds and the rest of the financial sector should pay their fair share to clear up …