Song A Day #419: The Robin Hood Tax

This song and all song a day songs available for download at: www.jonathanmannmusic.com have you heard this joke? it's funny. about a system out of whack how the banks all took our money and we're trying to get it back trying to get it back but the banks all drag their heels just like we knew they would it's time that we got real it's time for Robin Hood It's the Robin Hood tax Do the Robin Hood dance Also known as the Financial Transaction Tax Some people call it FTT for short all over the world hundreds of thousands of times a day financial assets are traded the robinhood tax, taxes these trades like stocks, bonds and foreign exchange traded both physically and as derivatives options, forwards, futures and swaps we're talking speculative banking so it won't effect you or me it's the Robin Hood tax do the Robin Hood dance make the Robin Hood face yeah the rate of the tax would be between .5% and .005% and implemented globally would raise 400 billion every yera

Added Date:
10 March 2010
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02:26
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