Robin Hood tax en · NOUN
Etymology
The tax is aimed at the wealthy with revenue to be used for the benefit of poorer citizens.
Meanings
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A tax on financial transactions.
A basic income could be funded in a variety of ways, including progressive taxes on commercial land use, like the land value tax made famous by the American economist Henry George, or taxes on capital gains, foreign currency transactions and financial transactions, such as the Robin Hood tax suggested by Nobel Prize-winning economist James Tobin.
2017, Jason Hickel, “Inventing the Future”, in The Divide […] , London: William Heinemann, →ISBN:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| Robin Hood taxes | Number=Plur | lexicographic |