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News — Robin Hood Tax

Sanders goes Robin Hood with plan to make Wall Street pay for college

Sanders goes Robin Hood with plan to make Wall Street pay for college

It isn’t often that a presidential candidate turns raising taxes into an applause line, but Bernie Sanders has done just that with his plan to tax Wall Street to pay for making college more affordable. “We’re going to ask Wall Street to pay a tax on speculation,” Sen. Sanders (I-Vt.) said to huge applause on Monday during a Democratic presidential candidate town hall sponsored by CNN. “I believe that after the working families of this country bailed out Wall Street, maybe it’s their time to help the middle class of this country.” —Kelsey Snell January / Washington Post, 01/27/16 More »

Nurses, students can help each other solve education funding problems

Nurses, students can help each other solve education funding problems

Yesterday, hundreds of registered nurses from around California joined the UC Berkeley student walkout as part of the #millionstudentmarch national day of action. There were walkouts, teach-ins and rallies held at more than 100 college campuses including at UC Davis, UC Santa Cruz, UC Riverside, UC Irvine and UC San Diego. The national day of action focused on three key demands: tuition-free public education, cancellation of all student debt and $15 per hour campuswide minimum wage at every college in the country. —Katy Roemer / The Daily Californian, 11/13/15 More »

The UN’s development goals require another step first: universal healthcare

The UN’s development goals require another step first: universal healthcare

The World Health Organization estimates that every year 150 million people suffer severe financial hardship because they have to pay out of their own pockets at the time they receive care, and 100 million are pushed into poverty as a result. These statistics, intimidating in themselves, probably mask a problem that cuts far deeper into families and societies across the world. —Sania Nishtar / The Guardian, 09/29/15 More »

Sanders Bill Signals Growth of Broad Robin Hood Tax Movement

Sanders Bill Signals Growth of Broad Robin Hood Tax Movement

Seven years after Wall Street gamblers wrenched the U.S. economy into the worst economic swoon since the Great Depression, the movement to make the high rollers pay some restitution to people and communities harmed by their profligacy is gaining stream. —RoseAnn DeMoro writing for Common Dreams, 05/27/15 More »

As Top Democrats Embrace a Robin Hood Tax, It’s Time for Activists to Go Big

As Top Democrats Embrace a Robin Hood Tax, It’s Time for Activists to Go Big

Americans who are serious about addressing income inequality have long recognized that the United States needs a Robin Hood Tax – a charge on financial transactions proposed by campaigners who have argued since the Wall Street meltdown of 2008 that “banks, hedge funds and the rest of the financial sector should pay their fair share to clear up the mess they helped create.” —John Nicholson, The Nation, 01/12/15 More »

Hundreds in Detroit Protest Over Move to Shut Off Water

Hundreds in Detroit Protest Over Move to Shut Off Water

At least 300 demonstrators marched through downtown streets on Friday, protesting a move by the city’s Water Department to force tens of thousands of delinquent customers to pay up or face a cutoff in service. From the Cobo Center to Hart Plaza on the banks of the Detroit River, protesters chanted, “Fight, fight; water is a human right.” Others carried placards that read “Thirsty for Justice.” —New York Times, 07/19/14 More »

Detroit Water Shutoffs Prompt Mass Protest, More Calls For Moratorium

Detroit Water Shutoffs Prompt Mass Protest, More Calls For Moratorium

Throngs of progressive activists, union members and Detroit residents streamed through downtown on Friday to protest the controversial water shutoffs that are leaving homes here dry. With chants of "water is a human right" and "no water, no peace," protesters demanded an end to the shutoff of past-due accounts and declared the situation a public health emergency. —Huffington Post, 07/18/14 More »

Hundreds Turn Out To Protest Detroit Water Shutoffs

Hundreds Turn Out To Protest Detroit Water Shutoffs

As many as one thousand people showed up outside Cobo Center in downtown Detroit Friday, calling for an immediate moratorium on service shutoffs by the city’s water department. Among them was “Avengers” actor Mark Ruffalo, who appeared unexpectedly, calling on others to join the demonstration. —CBS Detroit, 07/18/14 More »

VIDEO: Protest march against Detroit water shutoffs

VIDEO: Protest march against Detroit water shutoffs

Here is a glimpse of the huge march and rally to protest the Detroit water shutoffs. It’s an amazing feat of organization, led by National Nurses United. —Eclecta Blog, 07/18/14 More »

Detroit Water Shut-offs Declared ‘Major Health Disaster’ By RNs

Detroit Water Shut-offs Declared ‘Major Health Disaster’ By RNs

National Nurse United has condemned the water shut-offs in the bankrupt city of Detroit as a threat to health disporportionately affecting the poor. NNU, a national union for registered nurses, has called for an immediate halt of all water shut-offs to address health concerns and human rights violations, and declared the situation a public health emergency in a press release Monday. —International Business Times, 07/15/14 More »

John Nichols: Against austerity: ‘Water is a human right’

John Nichols: Against austerity: ‘Water is a human right’

The United Nations formally “recognizes the right to safe and clean drinking water and sanitation as a human right that is essential for the full enjoyment of life and all human rights.” A new European Citizens Initiative declares, “Water is a public good, not a commodity.” —John Nichols, The Cap Times, 07/15/14 More »

Detroit’s Water War: a tap shut-off that could impact 300,000 people

Detroit’s Water War: a tap shut-off that could impact 300,000 people

A right-wing state and corporate push to cut off water is economic shock therapy at its most ruthless and racist, but resistance is growing. —Martin Lukacs, The Guardian, 07/14/14 More »

Turn on the Water, DETROIT! Tax Wall Street! March & Rally Friday, July 18

Turn on the Water, DETROIT! Tax Wall Street! March & Rally Friday, July 18

Lay the blame for the manufactured crisis at the feet of those responsible: Wall Street Speculators and Gov. Rick Snyder. Join Registered Nurses as they declare a public health emergency and demand a moratorium on the unprecedented water shutoffs. Nurses, Detroit residents, clergy, labor, environmentalists, Netroots Nation opinion leaders, and others will march and rally to condemn this violation of human rights. Gov. Snyder is allowing the tragedy to continue with an endgame of privatizing the public water department — the latest in a string of gifts to Wall Street. —National Nurses United, 07/09/14 More »

The Most Popular Tax in History Has Momentum

The Most Popular Tax in History Has Momentum

The European Financial Transaction (a.k.a. Robin Hood) tax scored a big legal victory on April 30, when a challenge regarding the legality of the tax brought by the British government was thrown out by the European Court of Justice. The ECJ has struck a serious blow for fairness, as the dismissal essentially chastises the British government for championing the interests of the UK’s financial industry over those of its citizens. —Katrina vanden Heuvel for The Nation, 05/05/14 More »

Could This Tax on Wall Street Turn Back America’s Tide of Inequality?

Could This Tax on Wall Street Turn Back America’s Tide of Inequality?

How will you honor the legacy of Martin Luther King Jr. this April 4, the anniversary of his assassination? How about by demanding that Congress get out of Wall Street’s pocket? How about by letting your representative know that you support economic equality and a just distribution of wealth in America? As Dr. King himself said, “This is America’s opportunity to help bridge the gulf between the haves and the have-nots. The question is whether America will do it. There is nothing new about poverty. What is new is that we now have the techniques and the resources to get rid of poverty. —The Nation, 03/31/14 More »

Feed our children, tax Wall Street

Feed our children, tax Wall Street

As the grocery bags suddenly become half-empty and too many kids start going hungry, a lot of people are going to ask: "Where can we find the money to feed our children?" Here's one source, probably the biggest untapped revenue source in our nation - Wall Street. By RoseAnn DeMoro, CNA/NNU Executive Director —SFGate.com, 11/27/13 More »

A great idea for making Wall Street pay its fair share

A great idea for making Wall Street pay its fair share

The idea is known as a financial transaction tax. It would amount to fractions of a penny on the dollar value of every stock, bond and derivatives trade -- perhaps 5 cents per $100. But estimates of its potential return run as high as $700 billion a year. That would bump up current federal revenues by about 24%. —Los Angeles Times, 10/28/13 More »

Workers Take Center Stage in Occupy’s Second Anniversary

Workers Take Center Stage in Occupy’s Second Anniversary

If you're going to have a raucous, costumed march in New York City, Midtown makes for a great setting. Nurses and HIV activists in Robin Hood hats took the streets yesterday, blocking traffic as they called for a financial transaction tax to fully fund healthcare and other public services. Chants of “People, not profits! Medicare for all!” filled rush-hour streets as business-suited professionals dodged through the crowds. —In These Times, 09/18/13 More »

Resisting the Empire: Four Days in Chicago

Resisting the Empire: Four Days in Chicago

Resisting the Empire: Four Days in Chicago: A film by Haskell Wexler, ­­­­Andy Davis and Mike Gray (2013). Available for $15 from http://www.fourdaysinchicago.com. Mayor 1% (Rahm Emanuel) invited the G-8 (the Group of 8 most economically powerful countries in the world) and NATO (North Atlantic Treaty Organization) to meet in Chicago in May 2012. Needless to say, this did not go over well with Chicago activists—and a whole lot more other people. —ZNET Communications, 09/17/13 More »

US ‘Corporate Tax Dodgers’ Keeping More Money Overseas

US ‘Corporate Tax Dodgers’ Keeping More Money Overseas

At a time of record corporate profits, U.S. "corporate tax dodgers" are parking more of their profits offshore, taking advantage of tax loopholes to shield billions from U.S. taxes, according to new analyses in the Wall Street Journal and Bloomberg. —Common Dreams, 03/11/13 More »

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