Not . Not 5
On Wednesday, British rabble-rousers launched a major campaign to push Gordon Brown’s government into adopting a “Robin Hood Tax” on financial transactions — a tiny tax on bank transactions that could raise hundreds of billions for education, poverty and climate change.
0.05% Tax
The idea is far from a pipe dream. British Prime Minister Brown, Angela Merkel and Nicolas Sarkozy have all spoken out in support of a tax on financial transactions and heavies like George Soros and Warren Buffet are already onboard.