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G20 Leaders Urged To Back 'Robin Hood' Tax
Sky News ^ | November 8, 2010 | Rob Cole

Posted on 11/07/2010 9:43:36 PM PST by 2ndDivisionVet

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To: 2ndDivisionVet
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".

Sound like WEALTH REDISTRIBUTION to me. Anyone see this differently? I am sure the undocumented Kenyan is all for such a tax on the evil America for all its past transgressions. /sarc
61 posted on 11/08/2010 7:16:20 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio

That ain’t gonna happen now!!!!!!!!!!!!!


62 posted on 11/08/2010 7:54:18 AM PST by Mr. Right Now
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To: sinsofsolarempirefan
In principle its a good idea.

In both principle AND reality, it's a horrible idea. There is not one single government program, local, state or federal that has ever been successful on it's own merit, and instead the program turns into a giant, pork laden, corrupt money cess pools.

And now you would want some socialist-globalist INTERNATIONAL agency to collect financial transaction fees from us, and effectively monitor a program like this? This is a socialist-globalist dream come true! This is a tax against the U.S. middle class, bar none. The elitist rich liberals would certainly find a way to circumvent this boondoggle. Soak the American middle class, and give the money back to 3rd world thugs & tyrants. Yah, that worked out great for Robert Mugabe, blood soaked tyrant of Zimbabwe, didn't it?

However, would the government repeal the tax as soon as the deficit was paid before revising the monetary system to go back on a new gold standard? I suspect not...

You just answered your own question.... NO, this would never be repealed in any way, shape or form. This is like a giant crap & tax bill.

63 posted on 11/08/2010 8:29:58 AM PST by rcrngroup
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To: Vaduz
Hitler would agree.

May I help you? Are you lost?


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

64 posted on 11/08/2010 8:33:04 AM PST by The Comedian (I really missed you. Next time, I'll adjust for windage.)
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To: 2ndDivisionVet

global peter pan communism currency


65 posted on 11/08/2010 8:41:31 AM PST by Dubya-M-DeesWent2SyriaStupid!
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To: 2ndDivisionVet

Ain’t the progress of the New World Order great? We have the anti-American/anti-freedom left working as termmites within and the UN and their citizens of the world operating with the same cause in the UN. And all the “capitalists” care about is screwing America as much as possible to their materialistic favor in the name of “free trade.”

We are going down.


66 posted on 11/08/2010 8:56:06 AM PST by SaraJohnson
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To: 2ndDivisionVet

“Taxation without representation”,,, makes Americans angry,,,,


67 posted on 11/08/2010 9:16:40 AM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: 2ndDivisionVet
What the heck is a Robin Hood tax?
Robin Hood stole from tax collectors and the foreign ruling elite and returned the funds to the overtaxed people. This is the opposite of everything the UN does or represents.
68 posted on 11/08/2010 10:05:30 AM PST by rmlew (You want change? Vote for the most conservative electable in your state or district.)
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To: The Theophilus; All

I don’t have faith in the honesty of them, which is why I qualified it at the end. But the fact is, the deficit needs to be paid off before things can start returning to normal. Unfortunately, this will mean having to pay taxes that won’t involve seeing anything tangible in return.
The only other alternatives are hyperinflation and/or default, which will be much worse than paying more tax. Like I say, in PRINCIPLE it is a good idea to have a temporary tax like this to pay to resolve the crisis, but the problem is, it won’t be temporary. They won’t have the discipline to rescind the tax afterwards, that is the problem. Taxes unfortunately have a nasty habit of staying in force for a long time after the crisis has passed. Just ask any British person who is still paying something called income tax even though Napoleon was defeated nearly two hundred years ago...


69 posted on 11/08/2010 10:23:24 AM PST by sinsofsolarempirefan
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To: MinuteGal

“He also robbed the rich to give to the poor.”

The “rich” Robin Hood robbed got their riches from taxes. The “poor” he gave the loot to were those who had everything they owned taken as “taxes”. The “poor” included former lords and ladies, like he himself, as well as craftsmen, merchants, and farmers. The regent and his cronies stole from everyone, in the guise of “taxes”, they thought they could get away with it with. They did it by using the might of the kingdom’s standing army.

Robin Hood stole from the regent and his cronies and gave the money back to those who originally earned it and had had it confiscated.

In modern parlance, it would be like empting Barney Frank’s bank account and giving it to small business owners. Or it would be like doing the same to those who have no-show jobs or nepotism jobs in Washington. Or perhaps it would be like robbing George Soros.

Robin Hood wasn’t a marxist, he was a patriot who had had enough of marxists. Prince John the regent was the marxist.

The marxists who came up with this “Robin Hood Tax” are doing what marxists always do, taking one thing and saying it means another. They might as well call it the “Tea Party’s Tax”.


70 posted on 11/08/2010 11:10:12 AM PST by Outership (Looking for a line by line Book of Revelation Bible study? http://tiny.cc/rPSQc)
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To: 2ndDivisionVet
Hell No!!!
71 posted on 11/08/2010 11:22:57 AM PST by DBeers (†)
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To: RetiredArmy

Nah, it’s just hard times, not end times. John Stewart said so.

(/sarc)


72 posted on 11/08/2010 3:47:52 PM PST by prairiebreeze (The Professional Left: Using Your Money to Promote Their Ideology Since the 1930's)
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...
a tax on financial transactions to help meet the costs of the economic crisis
That's an interesting way of putting it. Thanks 2ndDivisionVet.


73 posted on 11/08/2010 4:51:47 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: The Comedian

Well put.


74 posted on 11/08/2010 4:58:37 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: Marty62

It’s a veritable who’s who of libtards! Katrina vanden Heuvel!!!?


75 posted on 11/08/2010 6:12:56 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: jdege

We’ve been there and done that. Saddam’s oil for food program where we never got to the bottom of the corruption.


76 posted on 11/08/2010 6:24:05 PM PST by listenhillary (A very simple fix to our dilemma - We need to reward the makers instead of the takers)
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To: mylife

Upper Westside Manhattan after all.


77 posted on 11/08/2010 6:26:35 PM PST by Marty62 (Marty 60)
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To: RetiredArmy

Amen. Let him who has ears hear.


78 posted on 11/08/2010 11:00:16 PM PST by Wisconsinlady (DEFUND NPR, PBS AND THE U.N.)
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To: PapaBear3625

If the UN gets an independent source of income, expect the next stage to be the UN getting its own armed forces to impose its will.

And its own IRS agents too!


79 posted on 11/08/2010 11:03:56 PM PST by Wisconsinlady (DEFUND NPR, PBS AND THE U.N.)
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To: MinuteGal
He also robbed the rich to give to the poor.

He didn't rob the "rich" to give to the poor; he robbed the government, as it were, to return confiscated wealth back to the people from whom it had been stolen.

80 posted on 11/09/2010 7:01:23 AM PST by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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