By Elizabeth Willoughby on
With the names of politicians and the rich and famous making the headlines since the Panama Papers scandal, tax avoidance is front and centre on the minds of many, including some with the power to do something about it.
In mid-June, a collection of countries are scheduled to introduce a financial transaction tax (FTT) called the Robin Hood Tax. This tax collected on financial transactions is to go towards the protection of public services, and to tackle poverty and climate change.
Actor Bill Nighy has appeared on the front page of e-activist petition #TheTimeIsNow, where it says that leaders aren’t saying how much the tax will be because of pressure from banks. Those in favour of the tax are welcome to go to The Time Is Now webpage and fill in the rest of the statement, which begins: “The time is now for an FTT because…” The petition’s goal for 5,000 signatures is over half way there. The best reasons proposed will be sent directly to leaders.
“History could be made this year with a tiny tax on transactions,” says Nighy. “They have a chance to make a profound and historic change in the way we order a chronically imbalanced world.”
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