Policy Brief: Financial transactions tax
The global recession has had a severe impact on many poor children. In the UK, the percentage of children living in severe poverty is rising. Additional resources are needed to challenge these threats. Find out what we're calling for.
February, 2010
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The unprecedented economic recession is having serious consequences for millions of people around the world.
Many of the world’s poorest people - especially poor children - have been particularly severely affected.
We believe that a Financial Transactions Tax is an innovative and equitable way of raising the funds needed to meet development goals, enable developing countries to adapt to climate change, pay off debts, and improve the state of public finances in many countries.
This brief outlines:
- The problem and what can be done about it
- How it would work
- Is it really feasible?
- What revenues should be spent on
- What we’re calling for
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