Started in the UK and spreading to 25
countries and counting The Robin Hood
Tax initiative is a collaboration and partnership between many nonprofit
organizations,
politicians and activist volunteers in countries including England,
Canada, the
United States, Spain, Mexico, Norway, Germany, The Netherlands and more.
The idea
is to turn our global financial crisis into an opportunity to provide
funds to
address gender equality, climate change, international maternal
healthcare. The thinking is- as result of the financial crisis
created by hedge funds, banks and other financial
institutions these issues have gotten
worse. An example from Britain is that
according to an IMF report as a result of the global financial crisis 1
in 5 British families has to choose between food or paying for heat.
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| robinhoodtax.org |
Now think of conditions in impoverished developing countries that were
in the worse economic circumstances to begin with and where the result of the financial crisis has resulted in
even more devastating poverty, slower progress toward access to clean water
sources and towards improving conditions for the healthcare of infants and
mothers.
The idea of The Robin Hood Tax is that the financial
institutions that caused the global meltdown need to pay to clean up the mess
they made. The idea is that instead of mega bonuses and government bailouts these financial institutions be
charged a tiny tax on their billions that would go toward improved education,
cleaner environment, healthcare, gender
equality and more. This coalition of
nonprofits, politicians and volunteers is not only spreading an idea they are getting
legislation enacted. In March 2013 volunteers protested in Washington DC. American
celebrity supporters include Russell
Simmons, actor Mark Alan Ruffalo, Michael Moore and Tom Morello Grammy winning
guitarist for Rage Against The Machine. To learn more visit the Robin Hood Tax
YouTube Channel
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