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: EU drops probe into McDonald’s €1 billion tax dodge

19 September 2018 - 3:15pm

Responding to the breaking news that the EU Commission has scrapped its tax probe into McDonalds, War on Want’s senior campaigner for economic justice Owen Espley says:

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Middle East Monitor: Protests target HSBC over shares in Israel weapons company

17 September 2018 - 3:45pm

Activists come together to protest outside branches of HSBC bank over shares in an Israeli arms company accused of manufacturing internationally banned weapons.

Protestors directed their anger against the bank’s $4.7 million worth of shares in a number of Israeli arms manufactures, including Elbit system, calling on the bank to sever ties with the firms accused of abetting Israel’s crimes against Palestinians.

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