It's time for Tobin

War on Want created the Tobin Tax Network in the UK to campaign for a tax on currency transactions. The work on currency transaction taxes and other innovative forms of development finance has been carried on by the Stamp Out Poverty coalition. The campaign reached a new peak in 2010 as a result of the economic crisis, with calls for a financial transactions tax to cover trading in currencies, shares and derivatives.

The film below, produced as part of War on Want's original Tobin Tax campaign, shows what happens when currency speculators prey on developing economies. Our thanks to Radiohead and Ewan McGregor for their contributions.

Visit Stamp Out Poverty to find out more about currency transaction taxes and other innovative ways of bridging the funding gap required to bring the world's poorest people out of poverty.

Latest news

Reaction: UK abstention from UN vote on Protection of Palestinian Civilians

18 June 2018 - 11:15am
Responding to the UK's abstention from the UN General Assembly vote on the Protection of the Palestinian Civilian Population, War on Want's senior campaigner on militarism and security Ryvka Barnard, said: 
 
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Press Comment: Pimlico Plumbers Supreme Court Ruling

13 June 2018 - 2:30pm
Responding to the Supreme Court judgement on the Pimlico Plumbers case, Owen Espley, labour rights campaigner at War on Want, says:
 
“New technology does not mean no rights. This is a victory for common sense and will benefit ordinary people all over the country who are denied basic rights such as holiday and sick pay. 
 
It is a stinging rebuke to the government for failing to uphold the law and forcing people to fight for their rights.
 
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