Latest: Economists
We know that bank taxes can are a complicated issue. In order to clear up the confusion the Robin Hood Tax campaign was delighted to have Professor Joseph Stiglitz on hand to explain why and how they should work. He took part in a media call with representatives of big media outlets in eleven countries.
Professor Stiglitz is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (...
18 months ago the idea of taxing the banks was being dismissed out of hand. Today the European Commission (the executive body of the EU) outlined their vision for taxing the financial sector. It’s big news.
The EC’s plans for taxation are guided by the firm conviction that the financial sector needs to make a fair contribution to public finances, and that governments urgently need new sources of revenue in the current economic climate....
In the last few weeks news reports have been full of positive noises and tough talk about taxing the banks. Good news? Bad news? Confused as to what it all means and how close are we to a Robin Hood Tax?
This report answers all those questions. Ahead of the extraordinary emergency meeting by EU finance ministers, Newsnight Economics Editor, Paul Mason, takes a look at how much banks are taxed by government. Also a chance to see...
This is the complete text of a letter calling for a financial transaction tax. It is signed by 350 economists from dozens of countries, including two Nobel laureates.
'Dear G20
As economists from across the world, we call on you to implement a financial transaction tax (FTT).
This tax is an idea that has come of age. The financial crisis has shown us the dangers of unregulated finance, and the link between the...
