Amidst all this discussion of a “Robin Hood Tax” it occurred to me that collectively we seem to have seemed to have forgotten the story of Robin Hood.
Robin Hood famously “stole from the rich and gave to the poor”. But before socialists claim him I’d just like to point out one little detail. The poor were poor because of hugely punitive taxes. They were imposed by Prince John to fund the statesman’s extravagant lifestyle. A factor in turn augmented by an already heightened level of taxation due to his brother’s (King Richard’s) costly middle eastern conflict (the Crusades). You could say the fable holds some parallels with modern day Britain…
Far from being a socialist, Robin Hood took money off the wealthy elite and gave it back to those who had generated it in the first place, redressing problematic redistribution. Sounds like a libertarian to me.
Naming a tax after a man who is, by all means, a libertarian hero must surely be defamation!