The Robin Hood Tax
Submitted by Peter on 13 February, 2010 - 21:14
The 'Robin Hood Tax' campaign has been set up to gain support for a tax on financial institutions. The tax would be on all financial transactions at a rate of 0.5%. This could make around £250 000 000 tax revenue each year.
As taxation revenue was around £606bn in 2007/2008, an extra £250bn would help improve a lot of peoples lives