Rejected petition Robin Hood Tax: Introduction of a package of 'Robin Hood' Financial Transaction Taxes

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For the Government to implement a tax on a package of financial transactions, such as stocks and bonds, at a rate of 0.05%. Such an arrangement has the capability to raise hundreds of billions of pounds at very little cost or inconvenience to those taxed. Supporters of this idea include Angela Merkel, Chancellor of Germany and Nicolas Sarkozy, President of France, as well as hundreds of economists.

This petition was rejected

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Date submitted 5 August 2011
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