RKP5637 Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu Oct-20-11 06:47 PM
Original message
"Robin Hood" Tax - OWS
IMO this is one good approach!!!
"OWS Protesters May Demand "Robin Hood" Tax"
"The magazine that sparked the protests calls for a 1-percent levy on financial transactions.
The magazine that sparked the Occupy Wall Street movement is now trying to rally it around a single, clear demand: a “Robin Hood tax.â€
http://slatest.slate.com/posts/2011/10/19/robin_hood_ta...
Adbusters, a Vancouver-based magazine with an anti-consumerist bent, is calling on its supporters to participate in a global march on Oct. 29. It has proposed a Twitter hashtag, #ROBINHOOD, for the occasion. And it has laid out a policy proposal: a 1 percent tax on all financial transactions and currency trades. The magazine’s open letter reads, in part:
On October 29, on the eve of the G20 Leaders Summit in France, let's the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let's send them a clear message: We want you to slow down some of that $1.3-trillion easy money that's sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world."
http://slatest.slate.com/posts/2011/10/19/robin_hood_ta...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x2155988 
I'm sure I don't have to mention how calling it a Robin Hood tax is so inaccurate, but I shall for the benefit of Stinky and other lurking DUmmies, Robin Hood was taking money from the Sheriff of Nottingham (the government) and giving it back to the people. Seems the Sheriff was taxing the piss out of everyone and Robin was a Teabagger so he started stealing the money and giving it back to those who it was taken from. Disney decide that in the story he was stealing from the rich and giving it too the poor, so people like the DUmmies think that was the point of the story.
The funny thing is, these clowns are the same people crying about a $5 a month fee to use a debit card, yet they want to raise the price of transactions on the rich.
I'm also amazed that it's only 1% that they are wanting, you would think that it would be much higher, but I imagine the goal is to start at 1% and work up a few percentage points at a time, until they get to the amount they truly want.
