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Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street excess

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TheDemSocialist

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Actor Mark Ruffalo and Rage Against the Machine’s Tom Morello have launched a new US campaign for a “Robin Hood tax”, a small levy on Wall Street transactions that organisers say could generate hundred of billions of dollars a year.The campaign, backed by National Nurses United, the largest nursing union in the US, has already launched in 14 countries, including the UK, France and Germany.
Organisers of the campaign, which also features Coldplay singer Chris Martin, are calling for a tax of “less than half of 1%” on Wall Street transactions, which they say would not affect most Americans’ financial activity.

A video released to coincide with the launch encourages supporters to take a $1 bill and draw a Robin Hood-style hat on George Washington’s head along with a mask over his eyes “because the government is robbing our people at this particular point”.
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Read more @: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street excess | The Raw Story
Video @: Introducing the Robin Hood Tax - YouTube

I can get behind this idea. Seems like some common sense stuff...

Thoughts?
Comments?
Response?
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Thoughts? Sure. While Robin Hood is a fictional character with a number of stories and even more varieties of adaptations of those stories over the year, Robin Hood's chief enemy was the state. In many (most?) versions of the story he attacks tax collectors and returns the money to the people.
 
So, Tom Morello and Chris Martin can't even make good music any more, AND we're still supposed to give a poopy about their political views??? Me thinks that they need to focus a lot more of their attention on their day jobs, and entertain us like the modern day jesters that they are. And who the F is Mark Ruffalo???
 
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Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Outlawing Wall Street excess sure would piss off a lot of Obama's and other democrats wealthiest campaign contributors. And since the '99%' are mere whores for the democrats and will be voting for them anyway, it would probably be best if they hold off on launching this idea til after the election. Far too much potential to confuse all the mindless little puppets.

Orrr...maybe we should just go to the videos...

 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

VanceMack said:
Outlawing Wall Street excess sure would piss off a lot of Obama's and other democrats wealthiest campaign contributors. And since the '99%' are mere whores for the democrats and will be voting for them anyway, it would probably be best if they hold off on launching this idea til after the election. Far too much potential to confuse all the mindless little puppets.

Orrr...maybe we should just go to the videos...

Click to expand...


Let's do it. What do you want to argue about? I got this.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

They need to make one of these laws for the excess pay of Hollywood actors and musicians
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

whysoserious said:
Let's do it. What do you want to argue about? I got this.
Click to expand...
You 'got' precisely jack and ****. And nothing else. Who did you vote for? Who will you be voting for? Who will the Unions that support these morons be voting for? Who was the biggest recipient of banker broker cash in 2008? How much of his personal money does Obama have tied up in those investment accounts...or all those other rich democrats (politicians, entertainers, etc) that reaaaallly reaaaallly really gosh wish the government took more darnitall. 99% of the 99% ers dont even know what the **** they are protesting, let alone what they stand for.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

I actually read the article. Great idea! In fact, it would work well. Who loses in this? I mean they are talking less than a 1% tax.

What I find extremely interesting is those opposed have either not read the OP and/or don't know what it proposes. We aren't getting any cogent argument from those "opposed". Nothing, zip, nada.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Risky Thicket said:
I actually read the article. Great idea! In fact, it would work well. Who loses in this? I mean they are talking less than a 1% tax.

What I find extremely interesting is those opposed have either not read the OP and/or don't know what it proposes. We aren't getting any cogent argument from those "opposed". Nothing, zip, nada.
Click to expand...
Lets start with who is/should be proposing what. An actor (fairly wealthy I might add) and a musician (perhaps less, depending on how their contract was created...and say...I wonder if they have any investments...) have precisely the same role in 'proposals' as Babs in the White House. Now...should they get democrats to buy in...awesome...now we actually have something to 'debate'.

Perhaps the opposition comes from the continued mindset that the answer to the worlds ills is ALWAYS take from someone else. What precisely makes these people...or you for that matter...think you have or SHOULD have the right to impose more taxes on other peoples wealth? Now...dont get me worng...I believe there HAS to be an increase in taxes and that means the wealthy are going to have to pay more...not because it is the right thing to do or 'fair', but rather purely out of survival. But the beginning with liberals ALWAYS starets with raise taxes and that is why we are so continually screwed. You have to start with mandated cuts, spending decreases, a legislated plan to pay down the debt, and turning over social services to states. THEN and only then you legislate and sundown tax increases that by mandate expire in...say...10 years.

Why dont we take proposals like this seriously? Because Congress...both house and senate and both parties (you know...the guys who are actually supposed to be doing this) cant so much as agree on DEFICIT (not debt) decreases over a 10 year span. And you think it is a good idea to give them MORE taxes.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Why just pick on Wall Street transactions. Lets expand to include the entertainment industry. Anyone making over $250,00 a year would pay the 50c per $100 earned. Isn't paying an some actors over $750,000 per episode excessive? Lets also include sports. Is it really fair someone can earn millions of dollars a year playing a game? They also should pay more.

the feds can't balance their checkbook. they can't seem to control spending. Why in the world would someone thing giving them more money would help solve our debt? Until both parties can show fiscal responsibilities giving them more money is a bad idea. Many of us have to live within our means. Congress and President need to do the same.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

“This is a tax on Wall Street, which created the greatest economic crisis in our nation and globally since the Great Depression,” a statement said on the movement’s website.
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Well, they got THIS part wrong...why should I think they have anything right?
 
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Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

VanceMack said:
Lets start with who is/should be proposing what. An actor (fairly wealthy I might add) and a musician (perhaps less, depending on how their contract was created...and say...I wonder if they have any investments...) have precisely the same role in 'proposals' as Babs in the White House. Now...should they get democrats to buy in...awesome...now we actually have something to 'debate'.

Perhaps the opposition comes from the continued mindset that the answer to the worlds ills is ALWAYS take from someone else. What precisely makes these people...or you for that matter...think you have or SHOULD have the right to impose more taxes on other peoples wealth? Now...dont get me worng...I believe there HAS to be an increase in taxes and that means the wealthy are going to have to pay more...not because it is the right thing to do or 'fair', but rather purely out of survival. But the beginning with liberals ALWAYS starets with raise taxes and that is why we are so continually screwed. You have to start with mandated cuts, spending decreases, a legislated plan to pay down the debt, and turning over social services to states. THEN and only then you legislate and sundown tax increases that by mandate expire in...say...10 years.

Why dont we take proposals like this seriously? Because Congress...both house and senate and both parties (you know...the guys who are actually supposed to be doing this) cant so much as agree on DEFICIT (not debt) decreases over a 10 year span. And you think it is a good idea to give them MORE taxes.
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Vance, it is the idea, not where it came from that should be considered. If it is a viable idea it's origin shouldn't matter.

Though your argument is understandable and at some levels desirable the argument doesn't work when we turn it around. Who have Wall Street and the banks and insurance companies taken from? We bailed them out. We bailed out car manufacturers, we bailed out airlines, we contributed to the bailout of foreign banks and foreign governments. When I saw "we" I mean the people. It was our money that was taken and given to Wall Street. It is our money that is going to subsidize big oil, big pharma, and farming. There is no way around those facts. It is taken from the people and given to Wall Street and corporate America who make huge profits. When they fail our money is taken again to pay off their gambling debts. Have you received any of that money back?

I am a fortunate man. I have been able to fare the hits pretty well. I'd venture to say most people are not as fortunate these days. They need the money back in their neighborhoods, in their schools, in their local infrastructure, in jobs and finally, in their hands.

The proposal is actually pretty fair and it returns the people's money back that was given by corpgov to itself. There are no guarantees that Wall Street won't go bug feck again and play loose and free knowing that the people will have to bail them out. Look at JP Morgan recently. Dimon's response? "Oops, sorry." The proposed tax will share the windfall gained with our money. How is that wrong?

We certainly agree on the fact that government cannot be trusted to return the money from whence it came. Neither ruling party should be trusted. We know that. That's something that must be addressed. In the meantime, it is an excellent idea that Wall Street - figuratively speaking - share their ill-gotten wealth with people who covered their beats. Hopefully it may dampen their greed just a tad. There's nothing wrong with that either.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

mike2810 said:
Why just pick on Wall Street transactions. Lets expand to include the entertainment industry. Anyone making over $250,00 a year would pay the 50c per $100 earned. Isn't paying an some actors over $750,000 per episode excessive? Lets also include sports. Is it really fair someone can earn millions of dollars a year playing a game? They also should pay more.
Click to expand...

Skimming through, I originally read that as saying "take 50c of every dollar earned over $250k," and thought it was a wonderful idea.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Risky Thicket said:
Vance, it is the idea, not where it came from that should be considered. If it is a viable idea it's origin shouldn't matter.

Though your argument is understandable and at some levels desirable the argument doesn't work when we turn it around. Who have Wall Street and the banks and insurance companies taken from? We bailed them out. We bailed out car manufacturers, we bailed out airlines, we contributed to the bailout of foreign banks and foreign governments. When I saw "we" I mean the people. It was our money that was taken and given to Wall Street. It is our money that is going to subsidize big oil, big pharma, and farming. There is no way around those facts. It is taken from the people and given to Wall Street and corporate America who make huge profits. When they fail our money is taken again to pay off their gambling debts. Have you received any of that money back?

I am a fortunate man. I have been able to fare the hits pretty well. I'd venture to say most people are not as fortunate these days. They need the money back in their neighborhoods, in their schools, in their local infrastructure, in jobs and finally, in their hands.

The proposal is actually pretty fair and it returns the people's money back that was given by corpgov to itself. There are no guarantees that Wall Street won't go bug feck again and play loose and free knowing that the people will have to bail them out. Look at JP Morgan recently. Dimon's response? "Oops, sorry." The proposed tax will share the windfall gained with our money. How is that wrong?

We certainly agree on the fact that government cannot be trusted to return the money from whence it came. Neither ruling party should be trusted. We know that. That's something that must be addressed. In the meantime, it is an excellent idea that Wall Street - figuratively speaking - share their ill-gotten wealth with people who covered their beats. Hopefully it may dampen their greed just a tad. There's nothing wrong with that either.
Click to expand...

Some good points in your post...but fundamentally flawed.

It's already been stated in this thread, but the problem is not that Wall Street (or any other industry) is getting too much money from the government. Rather, it's the government giving too much money to them. Stop the government from giving and the rest of the issue is moot.

Taking more money out of the economy and giving it to the government to spend is a foolish exercise.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Risky Thicket said:
Vance, it is the idea, not where it came from that should be considered. If it is a viable idea it's origin shouldn't matter.

Though your argument is understandable and at some levels desirable the argument doesn't work when we turn it around. Who have Wall Street and the banks and insurance companies taken from? We bailed them out. We bailed out car manufacturers, we bailed out airlines, we contributed to the bailout of foreign banks and foreign governments. When I saw "we" I mean the people. It was our money that was taken and given to Wall Street. It is our money that is going to subsidize big oil, big pharma, and farming. There is no way around those facts. It is taken from the people and given to Wall Street and corporate America who make huge profits. When they fail our money is taken again to pay off their gambling debts. Have you received any of that money back?

I am a fortunate man. I have been able to fare the hits pretty well. I'd venture to say most people are not as fortunate these days. They need the money back in their neighborhoods, in their schools, in their local infrastructure, in jobs and finally, in their hands.

The proposal is actually pretty fair and it returns the people's money back that was given by corpgov to itself. There are no guarantees that Wall Street won't go bug feck again and play loose and free knowing that the people will have to bail them out. Look at JP Morgan recently. Dimon's response? "Oops, sorry." The proposed tax will share the windfall gained with our money. How is that wrong?

We certainly agree on the fact that government cannot be trusted to return the money from whence it came. Neither ruling party should be trusted. We know that. That's something that must be addressed. In the meantime, it is an excellent idea that Wall Street - figuratively speaking - share their ill-gotten wealth with people who covered their beats. Hopefully it may dampen their greed just a tad. There's nothing wrong with that either.
Click to expand...
At the end of the day...Wall Street is a BUSINESS. It is a business designed to make profit. Wealthy people invest. Low to mid income people invest. This continued insistence on demonizing Wall Street and scapegoating them is mindless. Why Wall Street? Why not EVERY business with sales of products over $100? You know the answer...but I dont know if you will admit. The continued attack is on Wall Street because they are an easy target...because all the mindless people can wander around like zombies or pod offspring from the Invasion of the Body Snatchers and can point and gasp. Why Wall Street? Because they are successful.

Why doesnt our Hollywood actor propose a tax on every movie ticket sold...every item sold at a theater? Talk about your luxury products that serve absolutely NO purpose other than to make one elite set of people very wealthy... Or every CD download, concert ticket sale, T-shirt or other merchandising items?

Hypocrisy abounds. Why Wall Street and not Hollywood?

And for the love of all things...when will people finally insist that DC change its game before they raise another dime in taxes? Giving crack addicts more rocks and expecting them not to light em up is just silly. Giving congress more money and expecting them to suddenly become responsible is more so. But then...those calling for taxes dont WANT congress to be more responsible...they want them to spend more money. On them. Huh. Maybe THATS why the attacks on Wall Street are such an easy sell...ya think?
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Why does no one talk about the surplus we had at the beginning of 2001, and what steps got us to that surplus? Our debt would be gone right now had Bush just stuck to the plan. Yeah, I know, that whole sept 11th thing happened, but really.... 11.5 trillion dollars later, and then the financial crisis..
 
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Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

VanceMack said:
At the end of the day...Wall Street is a BUSINESS. It is a business designed to make profit. Wealthy people invest. Low to mid income people invest. This continued insistence on demonizing Wall Street and scapegoating them is mindless. Why Wall Street?
Click to expand...

Why? I'll tell you why, and it has nothing wrong with being a business. It has everything to do with being a corrupt business. Seems to me you are not fully aware of what happened a few years ago, but no worries. You can watch this excellent piece to get all of the facts. It will take 4 hours out of your life, but it's well worth it:

Money, Power and Wall Street | FRONTLINE | PBS


The continued attack is on Wall Street because they are an easy target...because all the mindless people can wander around like zombies or pod offspring from the Invasion of the Body Snatchers and can point and gasp. Why Wall Street? Because they are successful.
Click to expand...

You have to be seriously kidding!

Why doesnt our Hollywood actor propose a tax on every movie ticket sold...every item sold at a theater? Talk about your luxury products that serve absolutely NO purpose other than to make one elite set of people very wealthy... Or every CD download, concert ticket sale, T-shirt or other merchandising items?
Click to expand...

While I do admit that some of that irks me, they haven't robbed me of my pension plan.



And for the love of all things...when will people finally insist that DC change its game before they raise another dime in taxes? Giving crack addicts more rocks and expecting them not to light em up is just silly. Giving congress more money and expecting them to suddenly become responsible is more so. But then...those calling for taxes dont WANT congress to be more responsible...they want them to spend more money. On them. Huh. Maybe THATS why the attacks on Wall Street are such an easy sell...ya think?
Click to expand...

Watch the doc.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

VanceMack said:
You 'got' precisely jack and ****. And nothing else. Who did you vote for? Who will you be voting for? Who will the Unions that support these morons be voting for? Who was the biggest recipient of banker broker cash in 2008? How much of his personal money does Obama have tied up in those investment accounts...or all those other rich democrats (politicians, entertainers, etc) that reaaaallly reaaaallly really gosh wish the government took more darnitall. 99% of the 99% ers dont even know what the **** they are protesting, let alone what they stand for.
Click to expand...

I voted for Obama and I think I am going to vote for Obama again - though I'll have to watch the debates.

I must say, I do agree with some of that, VanceMack. While I do think many of the rich are willing to pay more tax (by that I mean have loopholes closed on them and a more flat rate), I do think you are correct that many of the 99%ers have no idea what they are protesting. Many of them say bust up the banks... why? How does busting up any business help?

That's not related to this thread and you aren't debating one of those people. Try again.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc


So your for raising Taxes on the wealthy? Right on, Bro/Sis? :peace
Bronson said:
They need to make one of these laws for the excess pay of Hollywood actors and musicians
Click to expand...
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc


The Government (R's) has laid off thousands of workers, that there still collecting unemployment just shows a certian lack of understanding by the T's & R's. :lamo :peace
VanceMack said:
Lets start with who is/should be proposing what. An actor (fairly wealthy I might add) and a musician (perhaps less, depending on how their contract was created...and say...I wonder if they have any investments...) have precisely the same role in 'proposals' as Babs in the White House. Now...should they get democrats to buy in...awesome...now we actually have something to 'debate'.

Perhaps the opposition comes from the continued mindset that the answer to the worlds ills is ALWAYS take from someone else. What precisely makes these people...or you for that matter...think you have or SHOULD have the right to impose more taxes on other peoples wealth? Now...dont get me worng...I believe there HAS to be an increase in taxes and that means the wealthy are going to have to pay more...not because it is the right thing to do or 'fair', but rather purely out of survival. But the beginning with liberals ALWAYS starets with raise taxes and that is why we are so continually screwed. You have to start with mandated cuts, spending decreases, a legislated plan to pay down the debt, and turning over social services to states. THEN and only then you legislate and sundown tax increases that by mandate expire in...say...10 years.

Why dont we take proposals like this seriously? Because Congress...both house and senate and both parties (you know...the guys who are actually supposed to be doing this) cant so much as agree on DEFICIT (not debt) decreases over a 10 year span. And you think it is a good idea to give them MORE taxes.
Click to expand...
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

TheDemSocialist said:
Read more @: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street excess | The Raw Story
Video @: Introducing the Robin Hood Tax - YouTube

I can get behind this idea. Seems like some common sense stuff...

Thoughts?
Comments?
Response? [/FONT][/COLOR]
Click to expand...


Get ready for the screaming, foaming push back from everyone on DP who gets their opinions from Fox News. Start up the talking point machine.

"Common sense" is a phrase Palin uses a lot, even though she's a complete idiot with no sense at all.

Common Sense is not a partisan notion, but the GOP likes to talk about it while they filibuster every pit of it.

Thank you, Tea folk, for breaking our Government.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

Middleground said:
Why? I'll tell you why, and it has nothing wrong with being a business. It has everything to do with being a corrupt business. Seems to me you are not fully aware of what happened a few years ago, but no worries. You can watch this excellent piece to get all of the facts. It will take 4 hours out of your life, but it's well worth it:

Money, Power and Wall Street | FRONTLINE | PBS




You have to be seriously kidding!



While I do admit that some of that irks me, they haven't robbed me of my pension plan.





Watch the doc.
Click to expand...
I truly wish that 'Wall Street' would do you the favor that you so richly demand and shut down. Completely shut down. Lets say...2 months. Maybe 6. Give you what you want. Watch how well that goes over.

You think corruption only occurs on Wall Street or with bankers (and BTW...'Wall Street'...you know how many people are employed there, right)? You know how many are middle income people busting their ass working very hard to make a living, right? You know how many investors are middle income private investors and how many individuals have life savings and retirement accounts tied up there, as well as how many politicians...conservatives and democrats alike are enmeshed with 'Wall Street', right? Saying 'Wall Street' is like saying 'white people' or 'black people' or 'democrats' or 'republicans'.

Fix corruption...by all means. Start with DC. Hell...start with the current administration.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

whysoserious said:
I voted for Obama and I think I am going to vote for Obama again - though I'll have to watch the debates.

I must say, I do agree with some of that, VanceMack. While I do think many of the rich are willing to pay more tax (by that I mean have loopholes closed on them and a more flat rate), I do think you are correct that many of the 99%ers have no idea what they are protesting. Many of them say bust up the banks... why? How does busting up any business help?

That's not related to this thread and you aren't debating one of those people. Try again.
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Its precisely the debate. This thread is about an opinion piece by a couple of individuals using pop culture attacks on 'Wall Street'. Its a tired saw...tax the rich, increase taxes on Wall Street. And that fixes...what again? Giving more money to a government that cant so much as negotiate DEFICIT reductions equates to what? How does that impact reckless and continuously out of control spending, or job creation? We have seen far too many examples of increased debt that has been thrown away on promised 'jobs'...meanwhile unemployment continues to climb (real unemployment...the unemployment that counts EVERYONE including those that have exhausted unemployment benefits), the homes market is still unstable, we have no way of knowing just how much whatever healthcare changes are going to cost when and if they are finally implemented, student loan debt is huge and going to get worse, universities continue to offer worthless degree programs, public education is a nightmare, states across the country are deeper and deeper in debt...and we toss out chum about 'Wall Street' as if that is somehow an answer. Its not an answer...its a diversion.
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc


Another vote for increasing taxes on the wealthy, although we're looking for a 3% increace. The .5% tax on transactions we will call a Fee, former Massachuttes Governor Willard M. Romney will be down with that, as he doubled & tripled of more "Fees" on most small businesses in the state, & by small I don't mean Koch Bros. small, I mean barber shop small.
mike2810 said:
Why just pick on Wall Street transactions. Lets expand to include the entertainment industry. Anyone making over $250,00 a year would pay the 50c per $100 earned. Isn't paying an some actors over $750,000 per episode excessive? Lets also include sports. Is it really fair someone can earn millions of dollars a year playing a game? They also should pay more.

the feds can't balance their checkbook. they can't seem to control spending. Why in the world would someone thing giving them more money would help solve our debt? Until both parties can show fiscal responsibilities giving them more money is a bad idea. Many of us have to live within our means. Congress and President need to do the same.
Click to expand...
 
Re: Mark Ruffalo and Tom Morello launch Robin Hood tax plan to outlaw Wall Street exc

WOW. Some lefty loons have invented a new tax. Of course it taxes trading on Wall Street, not the entertainment industry that they, and their co-sponsors, depend on. Why not donate $1 of each movie ticket, concert ticket, CD and DVD sold to reduce the national debt? Add to that $.10 for each DVD rented or song sold on iTunes and we have an entertainment industry "gold mine" to help reduce our national debt. Perhaps if these folks led by example, just once, instead of devising ways for OTHER people to pay the gov't bills for those those that pay no federal income taxes. It is always SO easy to be generous, with someone else's wages, but far more meaningfull to give of your own. ;-)
 
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