REMEMBER ROBIN HOOD TAX -- Update: 27 Feb., 2015

UPDATED:  27 February, 2015  -  From the time this report was written the Tory-led Coalition went from bad to worse. In the meantime over 1,000 food bank have been established to keep people from dying of hunger. 

 Cameron and Osborne introduced a Spare Bedroom Tax which hit the poor and disable. Now the General Election coming up on 7 May they both trying to promise again everything and anything.

France and Germany are going ahead with the rest of the EU to introduce financial transaction tax. It is nicknamed Robin Hood tax because the famous Robin Hood robbed the rich and gave it to the poor. Not like David Cameron and George Osborne who robs the poor and gives to the rich.

The EU assumes it would bring around £45billion a year and would ease the burden of deficits of various countries.

However, instead of being all for it the Prime Minister David Cameron and Chancellor George Osborne are totally against it. 

This tax would hit the banks and financial sector and lessen the billion bonuses. David Cameron for ever promised to stop these sky-high and ludicrous bonuses first in his election manifesto then at the beginning of 2011 for March. Now again, because the pressure increased, at the end of last year but we still read of banks getting huge bonuses. Even banks which faced bankruptcy and had to be bailed out with taxpayers' money. These bonuses should be plough back to the taxpayers. This is a clear evidence the coalition doesn’t mean a word.

Why, because bankers and financiers are the Conservative’s backers.

The government were quick in cutting down anything which affects ordinary people. They started straight away the moment they came into power but avoided the issue of cutting the bonuses of bankers and financiers. These bonuses would bring an enormous amount of money.

By now, with all those cut-backs, David Cameron created 2.6million unemployed which costing the country unemployment payment and other social entitlements. These people not producing plus receiving money. Does that make sense?  You don’t need to be Einstein to figure that out. Unfortunately, the government does not.

Well, the point made above must be right because by now the country is reaching a staggering debt of £2trillion.

At the Premier Question Time David Cameron blamed the EU crises and before the heavy snow in the previous winter. How can he blame the EU which advises to a tax brining £45billion and Germany and France adopting the plan?

Mr Brown may not have had the personality like Tony Blair but he definitely knew the right way of steering the country through the biggest credit crises. Plus, he did not cut back on social services, army, police, NHS service and fire brigade. On the contrary he kept increasing it in every budget the children allowance, pension, winter warming allowance. The last pay under the Labour government was £250 to help to meet the cost of heating. The last winter it was reduced to £200.  This hit the old people who fought for this country. David Cameron never knew hardship. Mr Brown was a Primer Minister who fought and cared for the ordinary people. Yet David Cameron forever ridiculed him at the Premier Minister Question time. At a time, during the worst crisis, there were 1.5million unemployed. David Cameron even blamed the credit crisis on Mr Brown and the Labour government at that time.

Looking at all these different points why is the coalition not taxing the banks and finance sector? On 30 January there will be another EU summit meeting and hopefully the government comes to its senses.