With reference to our earlier post about the Financial Transaction Tax campaign At the World AIDS Conference on 23 July 2010 the UN Special Envoy for Innovative Finance called on world leaders to ‘back the banker’s tax’ – referring to the IMF’s recommendation to create new taxes on banks – and to ‘fill the gap ‘, referring to the 70% gap in people accessing lifesaving HIV antiretroviral medicines.
Given the scale of the funding gap, and the scale by which several European nations and the USA bailed out banks during the crisis of 2008, it would seem both an effective and just measure. However, there seems to be a reluctance in several major powers to move forward on this issue, so now is a good time to engage with the Robin Hood Tax campaign where you live and change the minds of governments the world over.
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