Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Tax Justice supports "Robin Hood Tax" global day of action

28 October 2011

Tax Justice supports "Robin Hood Tax" global day of action

“The Occupy Movement is protesting the injustice of the world’s 99% having to bear the costs of a financial crisis caused by an elite few,” says Vaughan Gunson, Tax Justice spokesperson.

“The best mechanism for making the super-rich 1% pay is a financial transaction tax, or Robin Hood Tax,” says Gunson. “It’s very exciting to see that the global movement for this tax which targets banks, big corporates and financial speculators is growing.”

The Robin Hood Tax international day of action on Saturday 29 October is timed to put pressure on the leaders of the G20 before their summit meeting in Cannes on 3 November. In New Zealand, actions are being organised in Wellington, Auckland, and Christchurch.

“Tax Justice has been campaigning over the last year for financial speculation to be taxed. It’s criminal that the profits of speculators go untaxed, while ordinary New Zealanders are taxed every which way,” says Gunson.

The Tax Justice petition signed by 40,000 New Zealanders was presented to Parliament on 16 August. The petition calls for GST to be removed from food and a tax placed on financial speculation instead.

“Politicians in New Zealand need to respond to the global movement and start looking at how we can introduce a Robin Hood Tax in New Zealand,” says Gunson.

Tax Justice would like to see the parties of the left come together on tax policy. “A broad coalition that brings together left parties inside and outside of Parliament, along with unions and other grassroots organisations, could achieve a decisive shift towards a more just fairer tax system,” says Gunson.

“The beauty of financial transaction taxes is that they can target the super-rich who aren’t paying enough tax; it’s almost impossible to avoid; and modern technology makes it a simple and low cost form of tax collection,” says Gunson.

Tax Justice has produced a Fact Sheet on Financial Transactions Taxes and their feasibility for New Zealand. To download PDF click here.

For more information on the Tax Justice campaign go to www.nogstonfood.org

Grant Brookes will be speaking to the Wellington Occupy movement on the subject of a Robin Hood Tax at 1pm, Saturday 29 October, Civic Square.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Commerce Commission: Retail Fuel "Not As Competitive As It Could Be"

The Commission has outlined some options it considers could improve competition. There are two broad sets of options it thinks may have the potential to help create a competitive wholesale market. These are:

• Greater contractual freedom to make it easier for resellers to switch between suppliers; and
• Enabling wider participation in the majors’ joint infrastructure, notably the shared terminals and supporting logistics involved in their borrow-and-loan system.
Further options, including improving the transparency of premium petrol prices, are discussed in the draft report. More>>

 

Promises: Independent Election Policy Costing Unit A Step Closer

The creation of an entity to provide political parties with independent and non-partisan policy costings is a step closer today, according to Finance Minister Grant Robertson and Associate Finance Minister James Shaw. More>>

ALSO:

School's In: Primary And Intermediate Principals Accept New Offer

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals. More>>

ALSO:

IPCA On 'Rawshark' Investigation: Multiple Police Failings In Hager Searches Confirmed

The Independent Police Conduct Authority has found that the Police's unlawful search of Nicky Hager's property in October 2014 resulted from an unwitting neglect of duty and did not amount to misconduct by any individual officer... More>>

ALSO:

Broadcasting Standards: Decisions On Coverage Of Mosque Attacks

The Authority upheld one of these complaints, finding that the use of extensive excerpts from the alleged attacker’s livestream video on Sky News New Zealand had the potential to cause significant distress to audiences in New Zealand, and particularly to the family and friends of victims, and the wider Muslim community. More>>

PM's Post-Cab: Bad Mail

Cabinet was updated on the process around prisoners sending mail, following the accused Christchurch gunman sending letters that "should have been stopped". All mail of "high concern prisoners" will now be checked by a specialist team and a changes to the legal criteria for witholding mail are expecting to go to a cabinet committee in this parliamentary session. More>>

Welfare: Ongoing Drug-Test Sanctions Contradicts Govt’s Rhetoric

Reports that two-thirds of beneficiaries who fail drug tests are still having their benefit sanctioned contradicts the Government’s so-called health approach to drugs. More>>

ALSO:

Welfare: More Measures To Help Those Facing Homelessness

Ministers have announced $54 million in Government funding for initiatives which will support at-risk individuals and whānau to stay in their existing tenancies. The funding will also provide additional wrap around services. More>>

ALSO:

Corrections: New Strategy On Māori Reoffending And imprisonment

Authentic co-design with Māori, incorporating a Te Ao Māori worldview, and greater connectedness with whānau are key elements of Hōkai Rangi, Corrections’ new departmental strategy designed to address the long-term challenge of Māori reoffending and imprisonment. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels