Jamra primary scholl for children affected by HIV/AIDS, drugs or poverty, Senegal (c) Nell Freeman/Alliance Participants in the Photovioce project, Ecuador © Marcela Nievas for the Alliance
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Merry men support Robin Hood Tax in Brussels

31
MAR
2010

'Angry bankers' at stunt in Brussels

On 25 March, merry men and women, accompanied by angry bankers and confused Heads of State, gathered on Place Luxembourg outside the European Parliament to launch Brussels’ campaign for a financial transaction tax (FTT).

The stunt took place as European Heads of State met to address the continuing climate and economic crises, agree a new strategy for jobs and growth, and examine financial market regulation ahead of the next G20 meeting.

The Stop AIDS Alliance participates in Robin Hood Tax campaign as it believes that the finances generated from an FTT would help reducing the financing gap for reaching the health MDGs.

The Stop AIDS Alliance is also clear that the income should be additional to official development assistance and donors should not be allowed to forget about their current commitments.

ABOUT THE ROBIN HOOD TAX

Even at very low rates of 0.05% or less, the Robin Hood Tax could raise hundreds of billions of dollars annually for domestic and international projects and would cost governments and ordinary citizens nothing.


Over the past weeks, innovative sources of finance, including the FTT, have seen support at all levels of EU institutions, including in ECOFIN (finance) Council, the European Commission and the European Parliament, which just passed a resolution supporting the FTT.

Find out more about the Robin Hood Tax in our campaign area.

    merry men & angry bankers launched the Robin Hood Tax campaign in Brussels