Rejected petition The government should expect banks to contribute to the current economic climate through the financial transaction tax (FTT or Robin Hood Tax)

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We expect the banking sector to make a fair contribution to the current economic climate in which it was complicit, through the introduction of the financial transaction tax.

This financial transaction tax should be levied at a rate of 0.1% on all transactions between institutions when at least one party is based in the EU. Derivative contracts would be taxed at a rate of 0.01%.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

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Date submitted 28 September 2011
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