Financial Transaction Tax
Also known as a Wall Street Tax or Robin Hood Tax, the financial transaction tax is a tiny fee on the trades of stocks, bonds, and other financial instruments that would generate hundreds of billions of dollars of new revenue.
Friends of the Earth U.S. supports establishing a financial transaction tax in the United States, with a portion of the proceeds allocated to climate finance.
Senator Bernie Sanders (I-Vt.) and Rep. Barbara Lee (D-Calif.) today introduced the Inclusive Prosperity Act, which is designed to tax a fraction of a percentage on the trades of stocks, bonds and derivatives.
WASHINGTON, D.C. – In response to today’s announcement by European Finance Ministers that advances the proposed European regional Financial Transaction Tax, Friends of the Earth's Senior International Policy Analyst Karen Orenstein said the following: Ten major European countries made progress today in advancing a regional financial transaction tax, popularly known as…
WASHINGTON, D.C. – Today Congressman Keith Ellison (D-Minn.) re-introduced the Inclusive Prosperity Act, legislation that would establish a Robin Hood Tax -- also known as a Wall Street Tax -- by placing a miniscule fee on financial transactions. The tax would generate hundreds of billions of dollars in revenue annually for…
In Tuesday night’s State of the Union address, President Obama set an aggressive tone on a number of key progressive issues, from education to equal pay. And while his speech featured strong points on the importance of tough action on climate change and mocked Republicans for their widespread climate denial,…
Among the surging crowds of hundreds of thousands of folks at the People’s Climate March on September 21 in New York, you will see marchers in pointy green felt hats, and if you are lucky, a fully garbed Robin Hood replete with green tights, leather vest and that signature gleam…
As president of Friends of the Earth U.S., I am proud to support, on behalf of our more than 250,000 members and activists and in solidarity with our friends from numerous activist organizations, a Robin Hood Tax. Friends, if it isn't all ready clear, we are in this together. The…
- Polling: National Survey on the Robin Hood Tax
- Myth Busting: Breaking down 12 common myths concerning the Robin Hood Tax
- Campaign: Robin Hood Tax
- Video: Introducing the Robin Hood Tax
- Inclusive Prosperity Act of 2015, S. 1371, introduced by Sen. Bernie Sanders
- Inclusive Prosperity Act of 2015, H.R. 1464, introduced by Rep. Keith Ellison
- College for All Act, S. 1371, introduced by Sen. Bernie Sanders
- Investing in Our Future Act of 2011, H.R. 755:
- Investing in Our Future Act of 2010, H.R. 5783