10/06/2011

Financial Transaction Tax



I was interested to see that the coalition of Catholic aid agencies in the European Union CIDSE has produced a report calling for the G20 to implement a Financial Transaction Tax. You can sign a petition to show your support for this at the bottom of this page. The Financial Transaction Tax is a levy on the movement of money in financial transactions, this is a small way of making the banks pay for the financial problems which they have in many senses created. This is, of course, the idea behind the Robin Hood Tax which I support.