Robin Hood Tax

This week’s Green Party Spring Conference will debate a motion to support the ‘Robin Hood Tax’ campaign fronted by actor Billy Nighy (Love Actually, Pirates of the Caribbean) and supported by a large number of charities.

The Financial Transaction Tax would impose a very low tax on financial products such as stocks, bonds and derivatives but raise around £250 billion for investment in international development and climate change.

Keith Ross, Green Party candidate for Swansea West said, “This simple tax would have enormous global benefits and I am proud to be able to be one of the proposers of a motion to the Green Party’s Spring Conference that the Greens should support it.

“We have all watched as the banks suddenly get profitable again and start to award themselves huge bonuses, yet the rest of the world remains in financial turmoil. Aside from the urgent need to curb the bankers’ bonuses, there is a real opportunity to benefit those in most need around the world.”

More details of the campaign at: http://robinhoodtax.org.uk/

The Green Party’s Spring Conference is in London from 18th to 21st February. More details at: http://www.greenparty.org.uk/conference

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One response to this post.

  1. Posted by Keith M Ross on February 16, 2010 at 6:07 pm

    Sorry, that should be Bill Nighy (not Billy) – and I’m not a the proposer of the motion, Stuart Jeffrey is. That’ll teach me to read things more carefully before I post them!

    Reply

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