Robin Hood tax
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Originally, a campaign for a proposed additional tax on financial transactions, aimed primarily at high frequency transactions between banks and other financial institutions.
Named after the English folklore character Robin Hood, an outlaw famous for robbing from the rich and giving to the poor.
The Robin Hood proposals were a development and extension of earlier proposals for a Tobin tax (which would apply only to foreign currency transactions).
Later and extended campaigning proposals include a Robin Hood tax on fossil fuel companies.
See also
