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The government should expect banks to contribute to the current economic climate through the financial transaction tax (FTT or Robin Hood Tax)

Submitted on Wednesday 28th September 2011

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

The government should expect banks to contribute to the current economic climate through the financial transaction tax (FTT or Robin Hood Tax)

Additional Information

We expect the banking sector to make a fair contribution to the current economic climate in which it was complicit, through the introduction of the financial transaction tax.

This financial transaction tax should be levied at a rate of 0.1% on all transactions between institutions when at least one party is based in the EU. Derivative contracts would be taxed at a rate of 0.01%.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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