Nurses Call the Question on Obama and Global Financial Transaction Tax – Which Side are You On?

[Donnachaidh]

http://www.commondreams.org/view/2011/10/22-4





Will President Obama be the main holdout when world leaders, under growing pressure from the occupy Wall Street protests across the world and demand building for a tax on international financial transactions, meet early next month at the G-20 summit in France?

Nurses from at least four continents, including a U.S. delegation from National Nurses United, will deliver that message November 3 at the G-20 summit meeting November 3 in Cannes – urging enactment of a financial transaction tax that could raise hundreds of billions of dollars a year to heal global economies, promote sustainable development and environmental security, and strengthen quality public services.

Nurses will be joined by labor, environmental, non-governmental, and community activists who have made the push for a global FTT an international movement that has sparked the adoption of an FTT by more than a dozen nations, and prompted the European Commission to propose a global FTT which is expected to be a major topic at the G-20 summit.

The call for a FTT, sometimes called a “Robin Hood tax” (a form of such a tax was actually in place in the U.S. for most of the first half of the last century), has become a powerful force in Europe especially.

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