With Congress about to begin the next cycle of budget battles – mostly focused on how much more pain to inflict on Main Street communities across America – a far different message is bubbling up across the land.
The enormous wealth disparity between the top 1% and the rest of America is an unsustainable economic and social injustice. We are committed to an economic recovery that employs all those willing and able, that houses all those needing shelter, and that imposes the cost based on the ability to pay.
Simply put, the big idea behind the Robin Hood Tax is to generate hundreds of billions of dollars. That money could provide funding for jobs to kickstart the economy and get America back on its feet. It could help save the social safety net here and around the world. And it will come from fairer taxation of the financial sector.
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