How to make Robin Hood proud

posted by
November 13, 2011
In These Times
by David Moberg  
Posted in Commentary, PND Commentary

"'Tax Wall Street,' read a simple, homemade placard high above the crowd of thousands of members of unions, community groups and Occupy activists protesting outside the mid-October convention of bankers and futures traders in downtown Chicago. ... Among other measures ... a tax on financial transactions, including the sale of stock, bonds and derivatives. ... wealthy individuals and financial institutions would mainly pay. That’s why NPA and British campaigners call it the 'Robin Hood tax.'" [editor's note: I sure wish they'd use another metaphor; Robin Hood was merely returning what had been stolen by the king and nobles. (If this was about ending tribute to the king (the origin of "income tax"), it would be a more appropriate name - SAT] (11/11/11)  

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