Submitted on Sunday 2nd April 2017
Published on Tuesday 11th April 2017
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 1,054
Tagged with
Implement a 0.05% Financial Transaction Tax on banking transactions
As proposed by RobinHoodTax.org we wish to see a 0.05% financial transaction tax on banking transactions.
A Robin Hood Tax is a Financial Transactions Tax (FTT), a Robin Hood Tax is a tiny tax of about 0.05% on transactions like stocks, bonds, foreign currency and derivatives, which could raise £250 billion a year globally. FTTs are well-tested, cheap to implement and hard to avoid.
They work on the same principle: taxing every transaction a very small amount. We think there should be a lot more of them, particularly in areas not yet taxed, like transactions of bonds and derivatives.
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3.147.69.25 Wed, 25 Dec 2024 18:55:59 +0000
