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Issues Economic and Social Justice The Robin Hood Tax Displaying items by tag: poverty
Displaying items by tag: poverty
Saturday, 22 February 2014 16:11

The United States of Poverty and Inequality

New report shows that no matter which state you live in, the 1% are making even more gains as the rest fall back

Over the last three decades the wealth of the nation's very richest 1% has grown ten times that of the average worker and over that time period that same tiny elite has captured more than half of the entire income increases, leaving the bottom 99% to divide the remaining gains.

Hundreds of Moral Monday demonstrators gathered on the steps of the Capitol this week to protest Governor Nathan Deal’s refusal to expand Medicaid under the Affordable Care Act. According to the Kaiser Family Foundation, more than 400,000 people in Georgia will be denied Medicaid coverage by state leaders.

“Healthcare and access to healthcare—preventative services as well as treatment—is a civil right, a human right, and a moral right,” Otis Brawley, chief medical officer for the American Cancer Society and a physician at Grady Hospital, said to WABE 90.1 FM.

First global trade deal in 20 years to boost world commerce 'favours big business at the expense of developing countries' The World Trade Organisation has sealed its first global trade deal after almost 160 ministers who had gathered on the Indonesian island of Bali agreed to reforms to boost world commerce.

Developing countries including India win concessions but critics say World Trade Organisation is no forum for helping the poor. The first global trade deal since the creation of the World Trade Organisation (WTO) nearly two decades ago was condemned by anti-poverty groups on Friday as a boost for big business at the expense of developing nations.

Robin Hood Tax Articles

  • 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 real question is whether we have the will.”

    Written on Monday, 31 March 2014 23:57 Read more...
  • Targeting Wall Street, Robin Hood Tax Comes to Washington
    Targeting Wall Street, Robin Hood Tax Comes to Washington

    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.

    Written on Wednesday, 30 October 2013 23:08 Read more...
  • The Robin Hood Tax
    The Robin Hood Tax

    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.

    Written on Friday, 25 October 2013 15:41 Read more...
  • European Commission Approves “Robin Hood” Tax on Financial Transactions
    European Commission Approves “Robin Hood” Tax on Financial Transactions The European Commission yesterday backed plans by 11 European Union economies to impose a “Robin Hood” financial transaction tax, better known as a Tobin tax, to help raise funds to tackle the region’s growing debt crisis.
    Written on Wednesday, 24 October 2012 16:53 Read more...

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Why The Robin Hood Tax