Early day motion · EDM 966 · 24 Jan 2013
FINANCIAL TRANSACTIONS TAX
Tabled by George Galloway (Workers Party of Britain)
11 signatures
The motion
That this House notes that 11 European countries have agreed to introduce a financial transactions tax; further notes that according to the Institute for Public Policy Research the introduction of a tax rate of just 0.01 per cent would raise 25 billion a year; regrets that the Government has refused to introduce such a tax at the behest of its friends in the City; and calls on the Government to now reverse this veto for the improvement of the public finances and the benefit of the wider economy.
Source: the official Early Day Motions database.