CWU Backs Robin Hood Tax

CWU general secretary Billy Hayes backs the Robin Hood Tax campaign which aims to turn the banking crisis into an opportunity for the world by applying a tiny tax to transactions.

A Robin Hood Tax on banks' financial transactions could raise hundreds of billions of pounds to fight poverty, protect public services and tackle climate change, says the campaign coalition of domestic charities, aid agencies, unions, faith organisations and green groups.

The campaign is calling on the leaders of the UK's political parties to support a global tax on the banks to help repair the human damage caused by the global economic crisis, protect public services at home, fight poverty abroad and help foot the bill for climate change.

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Also see video posted on CWUYouth home page.