Latest: Europe
Today is Day One of France’s new financial transactions tax (FTT). The 0.2% tax is expected to raise half a billion euros in the first year, with a pledge from President Hollande that a part of the revenue will go towards combatting AIDS. This is a huge step forward for the Robin Hood Tax campaign and the great efforts of our sister organisation in France: Robin des Bois.
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This blog originally appeared on MSN Money
The leaders of France and Germany may have their differences on the big question of the day -- stimulus versus austerity. But they do agree on one thing -- taxing financial transactions.
Former French President Nicolas Sarkozy was hot on the idea of a...
A coalition of willing countries today agreed to press ahead with plans for a European Financial Transaction Tax (FTT). Their decision came after proposals for an EU-wide tax foundered in the face of opposition from the UK and a handful of other countries.
Speaking at the EU Finance Ministers' meeting in Luxembourg today, Finance Minister Wolfgang Schaeuble said that ten countries were prepared to use the EU process known as 'enhanced...
Today, EU finance ministers met in Luxemburg and took a massive step forwards, bringing a Robin Hood Tax closer to realisation than ever before. They did so by agreeing that they couldn’t agree an EU-wide tax, a major victory for ...
