CSM supports the Robin Hood Tax Campaign

The Christian Socialist Movement supports the Financial Transaction Tax and Robin Hood Campaign.

The Campaign is made up of a broad coalition of UK charities and organisations and is calling on the UK government to support a tax of 0.05% on speculative banking transactions. The money raised will be used to maintain vital public services in the UK and to fight poverty and climate change internationally.

CSM Director Andy Flannagan said “Members of the Christian Socialist Movement have been campaigning for years for a global transaction tax. The privilege of being global citizens brings with it responsibilities to that globe, and for many years now, we have enjoyed one without the other. This tax will both regulate wild currency speculation, and raise vital funds for development. It’s not robbing from the rich – it’s just asking everyone to play their part as a citizen of the planet.”

CSM believes that the Financial Transaction Tax reflects their strongly held beliefs in justice and equality. The tax enables the banks to fix some of the damage they caused to developing nations and to UK public services in the recent economy downturn.