October 29 – #RobinHood Tax Global March
On October 29, on the eve of the G20 Leaders Summit in France, let’s the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.
The March in Vancouver will start at Noon at the Art Gallery (more details)
Bill Nighy does his best to oppose the Robin Hood Tax.
If the talk of pounds confused you, here’s a Canadian perspective.
Photo by Oxfam International
The economic system treats me well – I have a good-paying job, I’m debt-free, and 95% of my net-worth is invested in mutual funds. But our economic system is showing cracks.
- The gap between the rich and the poor is growing, and surprisingly growing faster in Canada than in the U.S..
- The extreme wealthy have a disproportionate amount of political power and are sheltered from paying taxes. You know the system is unbalanced when people like Bill Gates, his father, and Warren Buffett want more taxes for the rich.
- Our economic system is based on exponential growth, fuelled by conspicuous consumption, and it’s destroying our environment.
But that’s just my opinion. If you want some others, go to We are the 99% on Tumblr or this insightful analysis. I recommend listening to Arcade Fire’s Suburbs album while scrolling through the images. I’m officially nominating that album as the soundtrack to the occupy protests – especially Ready to Start.
The #OccupyWallStreet movement has been criticized for not having direction or solutions, but I think that has been its strength. That vacuum has started a conversation that has allowed for some insightful ideas.
Those conversations have lead to suggestions like specific bank regulations, maximum wages for CEOs, and a robin hood tax on financial transactions.
I’m not sure what to expect today (hopefully no violence), but I’ll be joining the protestors at the Vancouver Art Gallery. I’m not bringing a tent or witty sign.
Image by Esther Lee.