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Global Day of Action for a Financial Tax |
This Thursday (17 February), GCE is joining with hundreds of campaigning organizations as part of the Global Day of Action for a Financial Tax. Campaigners in over 20 countries around the world are delivering letters to their UK, French and German embassies, calling for their support for for the implementation of an FTT in the run up to the G20 Finance Ministers meeting in Paris later this week (from 18-20 February.)
In no small part due to the campaigning efforts of civil society organizations around the world, 2011 is a window of opportunity to see significant progress on achieving the FTT. The French government hold the Chair of the G8 and G20 and are championing the FTT for global public goods. A concerted campaign is building globally to press for a tax on the banks in 2011. But this is by no means a done deal. Various options for taxing the financial sector are on the table and agreement by a first-wave group of countries, which includes financing for education, during the first half of 2011 is critical and will require significant pressure and co-ordinated campaigning in 2011 to see it become a reality, starting with today’s Day of Action.
The Day of Action will also launch a joint global petition in support of the FTT that will run until the G20 in November 2011, when it will be handed over to G20 Leaders. Visit www.makefinancework.org for more.
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