Since Jan. 9, when a chemical used to process coal leaked into West Virginia’s Elk River, images of beleaguered Charleston residents lining up for bottles of water from National Guard tankers have dominated the headlines. With some restrictions on water use lifted on Jan. 13, Gov. Earl Ray Tomblin declared, “We see light at the end of the tunnel.”
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.
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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