Robbing Hood

The BBC are pushing the idea of a ‘Robin Hood Tax‘ this morning, in order to “fight poverty, protect public services and tackle climate change (perhaps to pay someone to put the wheels back on!).”
Curiously enough, there doesn’t seem to be much mention of it on the BBC’s website although they had gone to the trouble of making a nice-looking arrow-styled graphic which lead to my original belief that this will be something they will re-visit in order to build consent for such a thing.

Regardless of what the tax will be used for (although there is plenty just in those three aims to disagree with), who is “calling for” it (Charities! Unions! Aid Agencies!), and from whom it will be raised (evil bankers!) the thing that really piqued my interest was what they didn’t say.

“To work,” they said, “this tax will need to be levied in ALL tax jurisdictions.” A global tax then? “If we did it alone it would just make the UK less competitive.”

“Of course, the main problem then would be that there is no international body to administer and collect such a tax.”

They didn’t tell us that what we really, really need to fight poverty, protect public services and tackle climate change is a global government. They want you to think it -like Windows 7- is YOUR idea.

Nice.

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