Robin Hood Tax on Bankers - Vote Now! - HotUKDeals
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Robin Hood Tax on Bankers - Vote Now!

windhoek Avatar
6y, 9m agoPosted 6 years, 9 months ago
A tiny tax on bankers that would give billions to tackle poverty and climate change, here and abroad.

An arrow hits the bullseye of a target marked: education, health, climate changeIt sounds complicated, but actually it isnt. A tiny tax on bankers has the power to raise hundreds of billions every year giving a vital boost to the NHS, our schools, and the fight against child poverty as well as tackling poverty and climate change around the world.

Not complicated. Just brilliant.

http://robinhoodtax.org.uk/ or go via Direct Link in comments.
windhoek Avatar
6y, 9m agoPosted 6 years, 9 months ago
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#1
http://robinhoodtax.org.uk/

How it works

The Robin Hood Tax is a tiny tax on bankers that would raise billions to tackle poverty and climate change, at home and abroad.

By taking an average of 0.05% from speculative banking transactions, hundreds of billions of pounds would be raised every year.

That’s easily enough to stop cuts in crucial public services in the UK, and to help fight global poverty and climate change.
Why now?

Because of the financial crisis, frontline services at home – like the NHS and our schools – are under fire.

At the same time, poor communities and the environment are being hit hard – as aid and green budgets are slashed by rich countries.

So it’s time for the people who caused this mess to pay to clean it up.
Who’s in?

Gordon Brown, Angela Merkel (the German Chancellor) and Nicolas Sarkozy (the French President) have all spoken out in support of a tax on financial transactions.

Plenty of business bigwigs are on-board too. Like Lord Turner (from the Financial Services Authority), George Soros (the philanthropist) and Warren Buffet (US businessman extraordinaire). And then there are the hundreds of economists who have backed the idea, too.

This isn’t some crazy pipedream. It’s a simple and brilliant idea which transcends party politics and which – with your support – can become a reality.
#2
I saw this on the news yesterday and thought it was a brilliant idea.
#3
Thank you [COLOR="Blue"]arcangel111[/COLOR] You have just become the 15041st person to join our band of merry men and women.
#4
Goofeys Girl
I saw this on the news yesterday and thought it was a brilliant idea.


Yeah, me to. I forgot all about it till just now. I watched the video and it does seem simple and possible. I hope it happens.
#5
I'm gonna email the link to my friends and hope they all agree it's a good idea.
#6
A tiny tax on each transaction could be a massive tax on profits. Not that I disagree with it but whichever way you look at it, taking £100 billion out of the the banks each year when they're going bust might not be the best idea in the world!

I don't agree with the way they do things but taking hundreds of billions out at the same time we're having to pump in hundreds of billions just seems to me that we'd have to pump in hundreds more billions to balance the books!
#7
However, as Bill says in the video, the bankers are paying themselves billions in pounds in bonuses!
#8
In principle, it's a great idea. But, do not entertain any thoughts that this extra tax would go to the intended causes.
suspended#9
So it will give the government more money to kill innocent people in Iraq and Afghanistan? Not good.
#10
windhoek
However, as Bill says in the video, the bankers are paying themselves billions in pounds in bonuses!


That's why I said I don't agree with what they do. But then again, it's up to them what they pay people and if they choose to pay people who have made them the most money then that's their right (although different if they've got our government money). The banks won't pay out more in bonuses than the person is earning them in profit, otherwise they'd be crazy.

I just don't like the way this makes it sound like they're only taking 0.05% when they're talking about taking billions of pounds out of an industry that is on the brink of collapse. It's a little misleading to say the least.
#11
gaanja;7821459
In principle, it's a great idea. But, do not entertain any thoughts that this extra tax would go to the intended causes.

This sounds like an argument for not taxes. Why not vote for the tax and also make sure it goes where intended.
Benjimoron;7821544
I just don't like the way this makes it sound like they're only taking 0.05% when they're talking about taking billions of pounds out of an industry that is on the brink of collapse. It's a little misleading to say the least.

An industry on the "brink of collapse" that still sees fit to hand out massive bonuses. These are the people the brought the world economy to the "brink of collapse".
[helper]#12
Benjimoron
That's why I said I don't agree with what they do. But then again, it's up to them what they pay people and if they choose to pay people who have made them the most money then that's their right (although different if they've got our government money). The banks won't pay out more in bonuses than the person is earning them in profit, otherwise they'd be crazy.

I just don't like the way this makes it sound like they're only taking 0.05% when they're talking about taking billions of pounds out of an industry that is on the brink of collapse. It's a little misleading to say the least.


I think it is Goldman Sachs that were paying bonuses that total £10 billion - doesn't sound like an industry on the verge of collapse....
http://www.independent.co.uk/news/business/news/obama-talks-tough-on-day-goldman-reveals-bonus-pot-1875450.html

This charge would is probably tiny compared to other commissions etc that have to be paid. End of the day the banks are responsible for a large chunk of our debt so I'm for it (although I don't think for a moment the petition will be taken any notice of)
#13
The other thing is that if their costs go up, so will the charges they charge us, either through having to pay for an account, or less interest or higher card charges which make our products more expensive as the retailers won't pay the extra, they'll pass it on. (if a whole industries costs go up then so do the prices for the consumer).

So we'd end up paying for it anyway!

If they were paying bonuses of £10 billion then one would assume that those people made the banks more than £10 billion. They could still be on the brink of collapse (are you saying the banks didn't need bailing out?) having lost lots of money through the employees they didn't pay a bonus to.
#14
Benjimoron;7822031
The other thing is that if their costs go up, so will the charges they charge us, either through having to pay for an account, or less interest or higher card charges which make our products more expensive as the retailers won't pay the extra, they'll pass it on. (if a whole industries costs go up then so do the prices for the consumer).
So we'd end up paying for it anyway!

One minute your saying poor banks and bankers don't be so hard on them they are hurting. When that's shot down you say they are all powerful and will just make us pay so don't dare do anything. You seem to be looking for any reason to leave them/you? with the bonuses.
Benjimoron;7822031
If they were paying bonuses of £10 billion then one would assume that those people made the banks more than £10 billion. They could still be on the brink of collapse (are you saying the banks didn't need bailing out?) having lost lots of money through the employees they didn't pay a bonus to.

You throw around these sums of money like they are normal. Bankers don't make anything. They make profits of the sweat of people that do. Thanks to their greed we are suffering cuts and job losses everywhere and all we are being told is after the election whoever gets in it's going to be worse. As far as I am concerned they don't deserve any of it.
#15
If any more taxes are imposed the banks will leave this country and we will lose a lot lot more.
#16
Plum
One minute your saying poor banks and bankers don't be so hard on them they are hurting. [COLOR="Red"](several banks could've collapsed had the governments not stepped in as they were heading for negative balance sheets.)[/COLOR]When that's shot down you say they are all powerful and will just make us pay so don't dare do anything. [COLOR="red"](the costs would just get passed on to us, or do you disagree?)[/COLOR] You seem to be looking for any reason to leave them/you? with the bonuses. [COLOR="red"](I already said I disagree with the bonuses, although it's nothing to do with us how they spend their money, but as I say now it's a different matter seeing as it's our government's money they're currently using.)[/COLOR]

You throw around these sums of money like they are normal. Bankers don't make anything. They make profits of the sweat of people that do. Thanks to their greed we are suffering cuts and job losses everywhere and all we are being told is after the election whoever gets in it's going to be worse. As far as I am concerned they don't deserve any of it.
#17
Benjimoron;7822031

[COLOR=#ff0000]several banks could've collapsed had the governments not stepped in as they were heading for negative balance sheets.)[/COLOR]

Even more reason for them to pay back as much of the money as possible rather than paying bonuses.
[COLOR=red]
Benjimoron;7822031
(the costs would just get passed on to us, or do you disagree?)
[/COLOR]
Yes I do disagree. If the bankers try this in the present climate there will be uproar.

[COLOR=red]
Benjimoron;7822031
(I already said I disagree with the bonuses, although it's nothing to do with us how they spend their money, but as I say now it's a different matter seeing as it's our government's money they're currently using.)
[/COLOR]
Your so called disagreement with the bonuses is not even skin deep. You immediately say it's nothing to do with us. YES it is. They live in the same world we do. Their actions affect us and their greed has destroyed lives.
#18
chester123;7822495
If any more taxes are imposed the banks will leave this country and we will lose a lot lot more.

and go where?
#19
Any where where they do not have these excessive taxes.
#20
chester123;7823459
Any where where they do not have these excessive taxes.

Where?
I was going to post this in move quotes, but i seems to fit better here.
A place where there isn't any trouble. Do you suppose there is such a place, Toto? There must be. It's not a place you can get to by a boat or a train. It's far, far away. Behind the moon, beyond the rain...
[begins to sing "Over the Rainbow"]
banned#21
DarkKnight
So it will give the government more money to kill innocent people in Iraq and Afghanistan? Not good.


Jeez. You've really got it bad.
suspended#22
guv
Jeez. You've really got it bad.


Are you part of the Blair family or something?
banned#23
DarkKnight
Are you part of the Blair family or something?


No. Are you a banker?
#24
DarkKnight
So it will give the government more money to kill innocent people in Iraq and Afghanistan? Not good.


http://991.com/newgallery/Aretha-Franklin-Here-We-Go-Again-119290.jpg
#25
guv
No. Are you a banker?


Are you sure you meant banker Guv?

Check spelling
suspended#26
guv
No. Are you a banker?


No......unless i'm playing Monopoly.
#27
When I was at school, I was always told that an answer meant nothing if you couldn't show the working behind it. It's something that I generally hold to be true these days, so when I see these claims that "an averge of 0.05% tax will generate hundreds of billions", I really have to be sceptical until some sort of evidence behind the claim can be shown. Can anyone see the maths behind these claims, or any sort of consideration of the ramifications? I'm just seeing self-congratulatory bull and inspirational buzzwords.
banned#28
boothy
Are you sure you meant banker Guv?

Check spelling


He's like a broken record.

If he thinks every penny that's collected in taxes goes towards the counter terrorism war effort, maybe its time to look for pastures new. Now there's a thought!
suspended#29
guv
He's like a broken record.

If he thinks every penny that's collected in taxes goes towards the counter terrorism war effort, maybe its time to look for pastures new. Now there's a thought!


I never said ALL the money.
But c'mon, everybody knows that the government has spent many billions of pounds on the war.
That money could have been spent on helping our economy or something.
banned#30
DarkKnight
I never said ALL the money.
But c'mon, everybody knows that the government has spent many billions of pounds on the war.
That money could have been spent on helping our economy or something.


I'm quite sure the purpose of taxing banking bonuses is to do with the recession they caused. I believe that's something to do with the "economy or something".

That said, if we have the choice in where our tax "donations" are spent, I'm happy to direct it towards stopping terrorism.
suspended#31
guv
That said, if we have the choice in where our tax "donations" are spent, I'm happy to direct it towards stopping terrorism.


Bombing for peace is like ******* for virginity
banned#32
DarkKnight
Bombing for peace is like ******* for virginity


I'm all for *******virgins. Where do I sign up?
suspended#33
guv
I'm all for ******* virgins. Where do I sign up?


You have to ask Jebus, his mates are virgins i hear. :thumbsup:
banned#34
DarkKnight
You have to ask Jebus, his mates are virgins i hear. :thumbsup:


Fortunately, you can insult Christianity without fear of death threats...... but even so, don't you think you have taken these OTP way too far?
suspended#35
guv
Fortunately, you can insult Christianity without fear of death threats...... but even so, don't you think you have taken these OTP way too far?


Your posts go off topic too, you suddenly started talking about virgins, when the discussion is not about virgins.
banned#36
DarkKnight
Your posts go off topic too, you suddenly started talking about virgins, when the discussion is not about virgins.


You maaaad?

You brought virginity into the discussion.

But whatever. I don't think I would be here to make a response if I'd made a similar "joke" about Mohammed. Those report buttons would be red hot. (seriously)
suspended#37
guv
You maaaad?

You brought virginity into the discussion.

But whatever. I don't think I would be here to make a response if I'd made a similar "joke" about Mohammed. Those report buttons would be red hot. (seriously)


I only used a simile. Using a simile shouldn't be associated with bringing up a new topic in a discussion.
banned#38
DarkKnight
I only used a simile. Using a simile shouldn't be associated with bringing up a new topic in a discussion.


Irrelevant. Mocking someone's religion in some quarters would result in death threats.

Now, do you have any views on the bankers tax or are you going to continue with your agenda?
suspended#39
guv
Irrelevant. Mocking someone's religion in some quarters would result in death threats.

Now, do you have any views on the bankers tax or are you going to continue with your agenda?


Yeah, there should be a tax on bankers, but only if that money goes towards a good cause.
#40
How many people in here complained about the proposed 50p broadband tax?
I smell hypocrisy.

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