A Robin Hood Tax To Take On Poverty and Climate Change?
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. robinhoodtax.org Now think of conditions in impoverished developing countries that were in the worse economic circumstances to begin ...