Over the weekend, 12,000 people gathered in Phoenix to hear Bernie Sanders’ impassioned speech on raging economic inequality. In a red state, press took notice that front and center, there was a prominent contingent of green pointy hats. Which left a burning question: What was with all the gigantic Bernie Sanders Robin Hood heads?
The Robin Hood Tax swooped into America’s national spotlight when presidential contender Sen. Bernie Sanders joined with National Nurses United and student groups in Washington, D.C. at a press conference today to announce his introduction of two Senate bills - the College for All Act and the Robin Hood tax bill that would levy a small tax on Wall Street financial transactions in order to fund free tuition at every public college and university in the United States, as well as slash interest rates on existing student loans.
Across the country —from Palo Alto to El Paso, Maine to Miami—nurses and other activists rallied today in the late winter sun to lobby Congressional lawmakers for a tax on Wall Street’s riskiest transactions.
President Obama’s 2015 State of the Union speech included calls for higher taxes on capital gains and closure of assorted tax breaks for the 1 percent. And Representative Chris Van Hollen, the second top ranked Democrat in the House, recently showed his support for the Robin Hood Tax by co-sponsoring the Inclusive Prosperity Act. it’s clear the campaign for tax justice is making traction in Washington.
From Maine to California, nurses, students, HIV/AIDS and community activists, took to the streets today calling on Congress to fulfill the quest of Dr. Martin Luther King Jr.’s fight for economic justice by enacting a tax on Wall Street speculation to fund efforts to reverse inequality.
"The Inclusive Prosperity Act would make Dr. King proud," said Rep. Keith Ellison at a kick off press conference in Washington against the backdrop of the U.S. Capitol.
Tell me if you have seen this movie before. Washington manufactures a budget crisis, waits till the last minute to deal with it and then at the eleventh hour kicks the can down the road just to have the whole fight over again three to six months later. Rinse and repeat.
The world's greatest democracy and the richest nation on earth has been reduced to governing by crisis. Jumping from one manufactured budget crisis to another and each time holding our economic security hostage.
The Christmas season’s consumer spending and gift-giving frenzy all evolved from the story of Jesus’ birth, which, according to St. Luke, began with Mary and Joseph traveling to Bethlehem to register so they could pay their taxes: "[T]"here went out a decree from Caesar Augustus, that all the world should be taxed ."(Luke 2:1) Perhaps it is fitting that at this time of year, as we prepare again to commemorate the birth of Jesus, that our legislators are having deep conversations about taxes, revenues and spending.
“Supporting the RHT is a 'no brainer,’” said Rep. Danny Davis, as he donned a Robin Hood hat.
Main Street is still waiting to be paid back. That was the message delivered on October 2 to Congressional districts up and down California, in Massachusetts, New York City, throughout Metro Chicago, in Las Vegas, San Antonio and in Burnsville, Minnesota, too.
For many months, nurses, healthcare, environmental, labor, consumer, faith-based and other community activists have rallied on Wall Street, at banks and legislative offices, and outside the White House and Treasury Department, saying it is time to tax Wall Street to help revive our economy and nation.