Opinion and observation on a world gone crazy

Joe Gill, journalist and game inventor from Brighton, UK

Wednesday, 23 June 2010

What about the Robin Hood tax?

Osborne could have raised £20 billion from a Robin Hood tax. The Conservative Party responded positively to the calls for a tax on financial transactions before the election and said it was looking into it. Ozzie's Bank levy will only raise £2 billion, which is peanuts compared to the £150 billion British taxpayers put into the collapsing banks. Instead we have welfare cuts and a VAT hike that will hit the poor and the consumer sector.

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