Rich Nations Urged to Weigh 'Robin Hood' Tax to Help Poor

FOX ^

[Sub-Driver]

Rich Nations Urged to Weigh 'Robin Hood' Tax to Help Poor

Published November 10, 2010 | FoxNews.com

As President Obama huddles with world leaders for the G-20 summit in South Korea to weigh proposals aimed at stabilizing the global economy, one idea being pushed is a so-called "Robin Hood tax," aimed at collecting money from rich nations to give to the poor.

The Robin Hood tax -- a global financial transaction fee that could raise hundreds of billions of dollars to pay the cost of the global financial crisis and support developing nations struggling to recover -- is not popular.

While Britain, France and Germany have championed a bank tax for all G-20 nations, finance chiefs from the industrialized nations shot down the idea at a previous summit held in Toronto last summer.

Still, the tax's supporters, which include unions, environmental groups, Comic Relief, UNICEF and others in a multinational coalition, say.......

[Sub-Driver]

Give me a break........

[Question Liberal Authority]

More like a “Prince John” tax.

[nina0113]

I’d be more interested in a Ragnar Danneskjold tax.

[SatinDoll]

This stupidly equals giving money to dictators who pocket the money and leave their poor countries destitute.

It never works the way originally intended.

[RockinRight]

How about a “stupid pretentious f**king communist bastards tax?”

[StAnDeliver]

So the Chinese will be donating how much per US person in need?

[goldstategop]

Shovel-ready “spread the wealth around” project coming to a Western country nearest you soon.

[Ingtar]

So, who is going to give the USA their money? I suspect if you take income minus debt, we are “poor.”

[GeronL]

What is a “rich” nation?

Have they looked at the state of our national finances recently?

The US is not a “rich” country.

[NEMDF]

Something a little less than the Saudis, don’t you think?

[Brett66]

Still, the tax's supporters, which include unions, environmental groups, Comic Relief, UNICEF and others in a multinational coalition, say

A hive of scum and villainy.

[Gorzaloon]

FUBO, WE are poor now.

[Eric in the Ozarks]

Property rights.
Without the rule of law, Robin Hood can forget it.

[foxfield]

IIRC, Robin Hood took from the sheriff and/or tax collector and gave the the assets back to the people from whom they were confiscated. Am I right?

[BigEdLB]

Replace "Robin Hood" with "Barack O.", below

WHEN THINGS WERE ROTTEN (1975)

Once upon a time when things were rotten
Not just food, but also kings were rotten
Everybody kicked the peasants
Things were bad and that aint' good
Then came Robin Hood
Soon the band of merry men begotten
They were out to see the plains bring cotton
Helping victims was their business
Boy oh boy was business good
Good for Robin Hood

They laughed, they loved
They fought, they drank
They jumped a lot of fences
They robbed the rich
Gave to the poor
Except what they kept for expenses
So when other legends are forgotten
We'll remember back when things were rotten
Yay for Robin Hood

They laughed, they loved
They fought, they drank
They jumped a lot of fences
They robbed the rich
Gave to the poor
Except what they kept for expenses
So when other legends are forgotten
We'll remember back when things were rotten
Yay for Robin Hood"
-- opening theme music and lyrics by Artie Butler

[BenLurkin]

Government forced handouts NEVER help the poor. They just make governments bigger and poor people dependent.

[casuist]

The Robin Hood tax -- a global financial transaction fee that could raise hundreds of billions of dollars to pay the cost of the global financial crisis and support developing nations struggling to recover -- is not popular.

You don't say.

[2banana]

I am sure the oil rich muslim countries will be lining up to help infidel countries...not

[Vendome]

How about the poor work for me so I can make more money?

Or better yet...

Will they give me a helping hand if times turn for the worse?

Whaddyuh mean they can’t afford it?

They ain’t doing nuthin’ but sittin round alls day long.

I won’t wake them before 10am.

[gwilhelm56]

Robin Hood, in the book, did not Steal from the “Rich”... He stole from Government and the Church (like the libs and teachers union) and GAVE IT BACK to the POOR.

Sounds like a great Idea in that light.