Sunday, March 14, 2010

Robin Hood Tax

The Archbishop of Canterbury, Dr Rowan Williams, and Richard Curtis, Co-Founder and Vice Chair of Comic Relief, and veteran of the Make Poverty History Campaign, have written an article that appeared in the Sunday Times supprting the campaign for a (small) tax on financial transactions to yield a fund which could be worth 300 billion euros. Known as the "Robin Hood Tax" the idea is that the money raised would be split three ways between domestic governments to avoid cuts in basic services, as direct aid assisting poorer countries to deal with the impact of climate change and to reduce their carbon emissions and to fight against global poverty.
Take a look at this You Tube video with Bill Nighy and Richard Curtis to at least give the idea some thought!