contribution by Owen Tudor

Spain’s Prime Minister José Luis Rodríguez Zapatero is the latest world leader to join the campaign for a Robin Hood Tax.

Speaking at the UN Millennium Development Goals summit today, he backed the call made by French President Sarkozy on Monday for a financial transactions tax.

With a further discussion on a possible EU FTT at the end of the month, that means that the governments of Austria, Belgium, France, Germany, Greece and Spain are firmly committed to an FTT.

Zapatero’s remarks (read them in Spanish) in New York saw him saying:

If we want effective global governance, if we want shared responsibility in the face of global challenges like the battle against poverty, then we also need a system of global incomes.

In this regard, I express support for the establishment of a tax on financial transactions, the revenue potential of which depends more on its coverage than on its intensity – a tax to be adopted with extensive international backing and be integrated into the global framework of reforms of the financial system promoted by the G20.

Website for the Robin Hood tax campaign.

Reader comments

1. Liberal Conspiracy

   Spain joins international call for a Robin Hood tax on financial transactions http://bit.ly/983SwT

2. Dan Wheatley

   Spain should feel free to get on with it. RT @libcon: Spain joins international call for a Robin Hood tax http://bit.ly/983SwT

3. James Thomas

   RT @libcon: Spain joins international call for a Robin Hood tax on financial transactions http://bit.ly/983SwT

4. Dilwyn’s Daily Digest – Wednesday 22nd September 2010 « Aled-Dilwyn Fisher

   [...] in Europe, Spain have joined the calls for a ‘Robin Hood Tax’. [...]

5. ‘Robin Hood Tax’……… | Ysite……jpcootes

   [...] Spain joins call for Robin Hood tax (liberalconspiracy.org) [...]