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Celebrities lobby for a Robin Hood tax
10th February 2010
A tax on financial transactions has been put forward a way of reducing the scale of speculative trading by banks and other financial organisations - a so-called Tobin Tax has been discussed for many years. Now Oxfam, the Trades Unions and a cluster of celebrities have lent their support to a new tax on the banks. I feel their angst but celebrity endorsement does little in my view to take the issue forward.
Guardian: The time is ripe for a Tobin tax (Larry Elliot)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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