Demanding a Financial Transaction Tax to support the Global Fund to Fight AIDS, TB and Malaria

Poz Magazine – Occupy Wall Street: Robin Hood Tax Protest (with video)

November 2, 2011

A band of demonstrators dressed as Robin Hoods marched across New York City’s Financial District on October 28. No, it wasn’t a Halloween trick—and they weren’t a bunch of merry men. Instead, they’re demanding “Robin Hood”–styled taxes that could generate trillions of dollars that, in turn, could create jobs and fund domestic and international health programs, including those to help people living with HIV. Specifically, the demonstrators seek a financial speculation tax—a small tax of less than one quarter of one percent on speculative financial transactions. Such a “Robin Hood” tax could generate $170 billion dollars annually, according to the New York Stimulus Alliance, a coalition of community groups and policy researchers. Protesters also called for an extension of New York’s millionaire tax, which is set to expire December 31. The marching Robin Hoods included members of VOCAL-NY (Voices Of Community Advocates & Leaders), Community Voices Heard, Health GAP and the Northwest Bronx Community and Clergy Coalition.

Read the full post and watch the video from Poz Magazine here.

Blog, Economy & Democracy, HIV/AIDS, Media Coverage

Comments are closed.