Skip to comments.G20 Leaders Urged To Back 'Robin Hood' Tax
Posted on 11/07/2010 9:43:36 PM PST by 2ndDivisionVet
Some 183 organisations from 42 countries have come together to issue a plea to world leaders to impose a tax on financial transactions to help meet the costs of the economic crisis.
The group is the largest coalition yet to demand that a tax is levied on international financial transactions.
Members include Britain's Robin Hood Tax campaign, supported by the TUC, Friends of the Earth and ActionAid.
Their plea comes ahead of the summit of leaders of G20 economic powers in the South Korean capital Seoul on November 11-12.
The issue of measures needed to stabilise the world economy and boost the global recovery are set to be discussed.
Today's letter is addressed to G20 leaders including Prime Minister David Cameron and US President Barack Obama, and is signed by development, health, education and environmental charities and unions from 16 of the G20 countries.
They argue that a financial tax would help meet the costs "of the global financial and economic crisis, including reducing the unacceptably high rate of job loss, and achieve key development, health, education and climate change objectives in developing countries".
TUC general secretary Brendan Barber said: "Governments around the world are embarking on a sweeping programme of austerity measures that will lead to huge job losses and cuts in services that the most vulnerable in society rely upon....
(Excerpt) Read more at news.sky.com ...
Puck you Britain! We left for a reason.
....Robin Hood fought against high taxes....
Tax the rich to benefit the corrupt.
I feel like the most vulnerable in society with these knuckleheads at the helm.
Why does America continue to associate with countries who would be all too happy to implement a one world government? We need to dismantle the United Nations ASAP, and try its representatives from Socialist and Islamist hellholes as war criminals.
Hey G20 snapper-heads... Here is a news flash for you: it is taxes, socialism, and big government attempts to "manage" economies that are in fact causing the economic crisis and resultant job losses. Reduce taxes, reduce government meddling and regulation and the world economy will take off again.
reducing the unacceptably high rate of job loss,
Would triple the job loss...
I’m not opposed to the idea of a tax on international financial transactions, so much as I am opposed to allowing the UN to collect taxes on anything, period.
The only accountability the UN has is to its dependency on member state contributions. Allowing them an independent source of income would the greatest disaster that mankind has ever seen.
(And no, that’s not hyperbole.)
It’s all about Guilt isnt it?
Play that Guilt card, rob the salt of the earth.
The United Nations was hatched by Americans in San Francisco, California. Many were later found to be communists, communist sympathizers, fellow travelers, neo-fascists, socialists and even Soviet spies!!
HeHe...Snapper Heads, I like that.
I got nothing against folks with less than me or folks with more for that matter.
If you lift the folks below you to to much privilege at your cost it will make them your competition.
If you tear down those above you at their cost, opportunities are lost.
Let the markets work.
No One regulates things better than the common man.
So are they going to send the money collected to CA?
>Why does America continue to associate with countries who would be all too happy to implement a one world government?<
if we didn’t, they would leave
Bush’s coalition force
these slimeball countries don’t help the US out of the goodness of their hearts
they want to be paid
Sure, that’ll work. Taking employers’ money away from them always results in more jobs being created, doesn’t it ?
The “Robin Hood Tax” is just another name for the Tobin Tax which was hatched in America by economist James Tobin...
more global taxes :
Raising $100 billion a year of climate finance by 2020 is challenging, but possible through mechanisms including carbon markets, domestic carbon taxes and a variety of international transportation taxes, a United Nations advisory group said in a report Friday.
Earlier this year, the UN’s Ban established the panel, which includes U.S. National Economic Council Director Larry Summers, billionaire financier George Soros and Deutsche Bank vice-chairman Caio Koch-Weser.
The financing will be used to support mitigation and adaptation efforts in developing countries—in particular, for the poorest and most vulnerable communities.(Excerpt) Read more at online.wsj.com ...———$100B/Yr Climate Finance Challenging, But Possible (global taxes!) - UN Panel (Soros), WSJ ^ | Nov. 5, 2010 | Selina Williams http://online.wsj.com/article/BT-CO-20101105-711365.html
Posted on Sunday, November 07, 2010 1:28:07 AM by SmartInsight