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November 2, 2011

Occupy Wall Street: Robin Hood Tax Protest

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.

For more information from VOCAL-NY, click here.

To read the New York Stimulus Alliance statement, click here.

Search: Occupy Wall Street, OWS, Robin Hood, tax, protest, VOCAL-NY, Felix Rivera-Pitre, Jaron Benjamin

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  comments 1 - 3 (of 3 total)    

john m, , 2011-11-03 14:28:28
Get a job or at least protest the real origin of this disparity- our government. They are the ones who created all of the tools for Wall Street to do what it does. Protest your congress reps for allowing the bailouts. A free market is not bailouts.

Sean Barry, Brooklyn, 2011-11-03 12:10:55
That's actually not true - the # of rich people in NY has increased dramatically over the past decade because people want to live in a place that invests in good healthcare, infrastructure, schools, culture, etc. The big crises we're dealing with now are major revenue shortfalls and unemployment leading to budget cuts. That makes poverty worse and undermines the public services that make NY a great place to live. We should make Wall St pay to fix the financial crisis, not poor and working NY'ers

Tim C, Orlando, FL, 2011-11-03 08:34:50
Keep taxing the rich in NY! They are fleeing your state and moving down south. You will be left with a bunch of poor people and guess what, the taxes will go up on everyone else to pay for all the stupid govt programs! Most rich people got that way because they earned their money and they are smart enough avoid loosing it to the political class scams. The lower 99% of people in our country are in the top 1% of the richest people in the world thanks to our years of freedom and capitalism!

comments 1 - 3 (of 3 total)    

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