News

The Occupy movement is holding marches and rallies to call for a Robin Hood Tax on financial transactions

Issue: The Occupy movement is holding marches and rallies to call for a Robin Hood Tax on financial transactions that would raise billions of dollars to protect public services, help tackle poverty and help the most vulnerable adapt to climate change.

Actions Requested: Join the Occupy Edmonton march and rally to push for a Robin Hood Tax. Bring a green mask and feel free to dress up.

When: 2:00 p.m., Saturday, October 29th at the Occupy Edmonton camp at 102 Street and Jasper Avenue.

Issue:

This Saturday, cities all over the world will push for a small thing to make a big difference: a tax on the banks that will make them give back a small percentage of their profits to programs that benefit the people from whom they profit.

The Canadian government is showing no leadership on the Robin Hood Tax. Both Stephen Harper and Jim Flaherty have rejected the idea of the tax – and this is in the aftermath of a 1999 motion that made Canada the first country in the world to declare its intention to work towards the adoption of a tax to control international currency speculation.

On October 29, on the eve of the G20 Leaders Summit in France, people will rise up and demand that our G20 leaders immediately impose a 0.05% #ROBINHOOD tax on all financial transactions and currency trades. Let’s send them a clear message: We want you to slow down some of that $1.3-trillion easy money that’s sloshing around the global casino each day – enough cash to fund every social program and environmental initiative in the world.

A Robin Hood Tax could help turn this global crisis into a global opportunity, raising billions to protect public services, help tackle global poverty and help the most vulnerable adapt to climate change. We need to show the banks that it is time for them to give a small percentage of their profits back to the world.

AFL’s Position: The Occupy movement is fighting to protect public services and poverty. It has offered a real solution with the Robin Hood Tax. The labour movement should support this initiative and join the rally and march.

Action: Join the rally and march beginning at 2:00 p.m., Saturday, Oct. 29, at the Occupy Edmonton camp at 102 Street and Jasper Avenue.