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With the so-called sequestration looming in Washington, an automatic budget cut of $85 billion dollars that would cut jobs, education, environmental protection and more, much more, austerity appears to be alive and well among a range of policy makers. This country needs a new revenue source and can find it in a Robin Hood tax, a tiny sales tax on Wall Street trades that can raise up to $350 billion a year.
Austerity – the path...
A half dozen Robin Hood Tax Campaigners, wearing their signature hats, made their way into a packed room to attend Jack Lew’s confirmation hearing before the Senate Finance Committee yesterday to be the next Treasury Secretary.
Their message to Lew: The Robin Hood Tax should be your first and highest priority. Wall Street received a full recovery many times over from the financial collapse of 2008—trillions of...
Advocates for American communities still reeling from the 2008 financial collapse are calling upon the Senate Finance Committee this week to press Treasury Secretary nominee Jack Lew for commitments to hold Wall Street accountable.. One way to do that is to get his pledge of support for the Inclusive Prosperity Act, a bill introduced by Rep. Keith Ellison (D-MN), which embodies the Robin Hood Tax —a small sales tax on Wall Street speculative...
This country, despite all its wealth, has come to share a condition from which most of the world suffers: Growing divide between rich and poor. A Robin Hood Tax can help jump start a real recovery to create a real economy.
Karen Higgins, co-president of National Nurses United, the largest US organization and union of registered nurses, talked about the Robin Hood Tax to delegates at a United Nations conference in New York. The Feb. 5 forum was...