RobinHood Global March to Tax Financial Transactions

OCTOBER 29 – #ROBINHOOD GLOBAL MARCH, Adbusters, Oct. 29, 2011

Adbusters, the global network that initiated the idea of Occupy Wall Street and their website OccupyWallStreet.org, has now initiated a new campaign, a global march set for Saturday, October 29, 2011, the eve of the G20 Leaders Summit in France.

Adbusters is proposing “let the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.”

This is a proposal by Adbusters for the general assemblies of the Occupy movement to organize protests in cities throughout the world on Saturday, Oct. 29, 2011.

Bill Gates Drafts Plans for Robin Hood Tax for G20 Meeting in France

Bill Gates backs Robin Hood tax on bank trades, Guardian, UK, 9/22/2011

Microsoft founder to tell G20 to back the tax which could raise $48bn a year for aid and development

Gates was asked by French President Nicolas Sarkozy to come up with draft plans of the proposed financial transaction tax before the G20 meeting in Cannes, Frances on November 3, 2011.

Max Lawson, spokesman for the Robin Hood Tax campaign, said Gates’s backing for a transaction tax meant it was “game on”. He added: “The Germans and French moving ahead to implement the tax. “George Osborne needs to support this tax and show us he is on the side of the poor and the needy, not the banks and the greedy.”