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TOBIN Tax

Tobin Taxes are excise taxes on cross-border currency transactions. They can be enacted by national legislatures, followed by multilateral cooperation for effective enforcement. The revenue should go to global priorities: basic environmental and human needs. Such taxes will help tame currency market volatility and restore national economic sovereignty. The name Tobin Tax and the original concept derives from James Tobin, a Ph.D. Nobel-laureate economist at Yale University. Details of current campaigns can be found on www.stampoutpoverty.org and www.ceedweb.org/iirp or by writing to the Tobin Tax Initiative, CEED/IIRP, PO Box 4167, Arcata, CA 95518-4167, USA, or by e-mailing cecilr@humboldt1.com. When contacting the TTI, please mention that you found them via www.worldfed.org, the website of the UK Association of World Federalists.

 

Links

Stamp Out Poverty
www.stampoutpoverty.org

George Monbiot's book, 'The Age of Consent'
www.monbiot.com

 

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