The Australian campaign launched in March 2010 and the coalition includes international development groups, unions, environmental groups and public policy think tanks. The campaign has attracted high profile support from Peter Singer, Professor John Langmore and Julian Morrow. Plus finance experts such as former Treasurer Ralph Willis and former Deputy Governor of the Reserve Bank Stephen Grenville. The Australian campaign believes a Robin Hood Tax could help make financial markets more stable and efficient and that any revenues raised should be used to help the poor and the planet. Despite the campaign enjoying popular support the government is yet to support a FTT but they may prove more willing if Europe moves to implement its own tax on the banks. The Australian campaign is prepared to get bigger and louder to push for a Robin Hood Tax.
The Austrian campaign is a growing group of trade unions, international and environmental organisations, and faith groups. The Austrian government has supported the introduction of a Financial Transaction Tax since around 2006. They are now working hard encouraging other European countries to introduce the tax. In fact the, the Austrian government are so committed they have continued to fund new research on how the FTT to help build a better set of arguments for it.
“Don’t Let the Big Fortunes Escape” is the great name of the Belgian campaign which spans two coalitions (one for each language community) who are working closely together. The campaign forms part of a wider national movement for a fair financial sector calling for a reform of the both internal and international tax systems. Proposed reforms include introduction of an FTT, abolition of tax havens, transparency in the financial sector dealings and the introduction of a property tax. The good news is the Belgium government is already promoting an FTT at the European and international level. Belgium has pledged to introduce a FTT tax as soon as there is agreement between Eurozone countries. Read more: www.hetgrotegeld.be(NL) www.lesgrossesfortunes.be(FR)
The folk behind the green masks in Canada come from international development and green organisations along with trade unions and environmental agencies. Their key message is that the Canadian government should commit to a Financial Transaction Tax and use the money to help the poorest at home and abroad, and tackle climate change. The Canadian government has been a big blocker on taxes on the banks. But thanks to strong campaigning the good news is that things are progressing. The opposition New Democratic Party has also announced public support for an FTT and the Bloc Quebecoise is generally supportive. So let's hope the campaign keeps making headway in softening up the Government opposition to an FTT.
The Robin Hood Tax campaign is relatively new in Denmark, and launched in March 2011. A number of organisations are behind it, including international development and domestic charities, as well as green and faith groups. The Danish campaign is asking for a Financial Transaction Tax to help the poorest at home and abroad, and to tackle climate change. Unfortunately the Government does not support a Financial Transaction Tax, but the Danish campaign is continuing to lobby them. The opposition Social Democrat Party is supportive, however, and with an election taking place within the next few months it is time for campaigners in Denmark to up the pressure in the political arena.
The spirit of Robin Hood is alive and kicking in France. The campaign launched in February 2011. Trade Unions, international and environmental organizations are all making noise about a tax on the banks. The men and women behind the masks are asking for the introduction of a Financial Transaction Tax that would raise billions for international aid and climate finance. The good news is that the French President, Nicolas Sarkozy, supports an FTT to raise money for international development and climate change. The even better news is that France is hosting the G20 this year and have put bank taxes top of the agenda.
In Germany a large group of organisations including unions, churches, Attac Germany, environment and international development groups plus the political parties, the Social Democrats, Left Party and Green Party, have all come together to support taxing the banks. The campaign supports a financial transaction tax to raise money to help the poorest at home and abroad, and tackle climate change. It is pushing for a global FTT but also supports one at a European level. The German campaign has already had a huge success. At an official hearing in parliament on a FTT, the Government committed to introducing a FTT in May 2010. Now the campaign needs to make sure the government keeps its word.
As the finishing touches are put on the world’s first regional Robin Hood Tax/Financial Transaction Tax (FTT) across most of Europe’s major economies, there’s one small country that would have plenty of reasons to get on board: Ireland. With that in mind we’re excited to announce that Robin Hood Tax Ireland has arrived! And it’s needed now more than ever. The Irish banks have so far managed to avoid footing the bill for a crisis they helped cause. And as one of the European countries hardest hit by the banking crash, it’s been the Irish people who’ve paid the highest price.
Like the UK campaign, Zerozerocinque is supported by a growing group of international development, green and faith organizations plus trade unions and media outlets. 130 Italian economists have signed up in support of a financial transaction tax. The campaign also supports a FTT to raise money to help the poorest at home and abroad, and tackle climate change. The campaign is working towards a global FTT but supports one at a European level. The Italian Government described FTT as a noble idea but not possible unless implemented globally. In October 2011 a cross-party group of MPs put forwards a bill supporting the campaigns asks, but with the additional requirement of the backing of at least 6 EU countries. So all to play for in 2011.
The Norwegian campaign launched in November 2010, and has been attracting widespread support among the public and in the media. It is made up of a number of development agencies, youth organisations, trade unions and green groups who have been helping to bring Sherwood to Norway. The campaign is asking for politicians to support a Financial Transaction Tax (FTT) to provide funds to fight poverty and climate change at home and abroad. The Government is supportive of a global FTT on currencies, and is considering implementing a bank levy in the future. The Merry Men and Women of Norway will be increasing the pressure on the government over the next few months to make sure this turns into a political reality.
The Spanish campaign has been working hard to spread the word of a Robin Hood Tax. The campaign want to use the money raised by a tax on the banks to help Spain keep its commitment to international aid. They believe that those responsible for the crisis should pay their fair share and help protect the poorest from the effects of the crisis. The Spanish President has spoken favourably about an FTT and linking any money raised to international development. However, the Ministry of Finance is completely opposed to any kind of taxes on the banks as they already have strong regulation in place. But if the campaign can get celebs in tights, they can take on the Sheriff of Nottingham.
The Dutch Robin Hood Tax campaign launched in September 2011, and is led by Oxfam Novib. The Dutch campaign believes that in these times of crisis everyone should pay their fair share, including the banks and big financial institutions. The revenue raised by a Robin Hood Tax should help poor people both at home and abroad. Unfortunately the current Government is hesitant to support the tax, so the Dutch campaign is going to make some serious noise to convince politicians to get behind this brilliant idea.
Home to Robin’s Sherwood Forest, the UK was the first country to launch a Robin Hood Tax campaign in February 2010. Since then it has grown to number almost a quarter of a million supporters and 117 organisations, including domestic charities, green groups, trade unions and international development organisations. The financial crisis and recession have left a massive hole in the UK’s public finances. The campaign believes that the financial sector should pay their fair share to clean up the mess they helped create, and help those worst affected both at home and abroad. The UK government does not yet support a Robin Hood Tax, but with support growing in Europe for a Financial Transaction Tax, the pressure is mounting. It’s up to the Merry Men and Women of Britain to don some tights and make sure the campaign stays on the political agenda.
The States may not have a formal campaign but it does have a lot of merry folk working for taxes on the financial sector. They come from unions, think tanks and groups that focus on the environment, international health, consumer protection and financial reform. The message is simple – it’s time for Wall Street to give back to Main Street. After the bank bailout, the government now needs a lot of money to deal with a huge budget deficit and to help meet the USA’s commitments on aid and climate finance. And the banks can afford to help out After the midterm election, supportive groups are now focusing on getting their message about a tax on the banks across all corners of the country from the public and the media right up to Congress and the White House administration.