Robin Hood? No, thanks

Taxing speculative financial trades to fund social spending is an idea that has intuitive appeal to most people, except market participants.

Robin Hood? No, thanks

If Robin Hood were alive today, he might be pointing his longbow at FinanceAsia readers, who have rejected proposals to tax financial markets and give to the needy.

In last week's web poll, respondents voted two to one against a so-called Robin Hood tax -- a proposed 5bp levy on speculative financial transactions that would be used to help the world's poor and to fight climate change.

The campaign proposing the tax is organised by a coalition of...

To continue reading, please login or register for free

Click for more on: robin hood tax | poll

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...