The Robin Hood tax won't work. Here's why.
The big corporation bosses want a certain amount of money in their bank account at the end of the year. If you tax them an additional 1%, they will just raise their own salaries enough to cover the cost. The expense will be passed back to us in two ways... either the price of goods/services will increase, or they will employ less people. It doesn't make economic sense to pass a Robin Hood tax.




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