FTT Day of Action

Written By: - Date published: 8:47 am, June 18th, 2011 - 9 comments
Categories: tax - Tags:

Dear Colleagues,

A brochure on the 22 June Global Day of Action in support of the Financial Transactions Tax (FTT) is available in English and three other languages (French, Portugese and Spanish). This is the link for the English version:
Global Day of Action, June 22, 2011

Best wishes,

Klaus Priegnitz
General Secretary

9 comments on “FTT Day of Action”

  1. The world banks will create ww3 to stop this idea.

    This from the Direct Democracy’s tax reform leaflet circa 2005.

    “The Electronic Settlement Accounts System Report 2004 , issued by the Reserve Bank of New Zealand , states that, an average of $35.4 billion is transacted through the banking system every working day.

    The Direct Democracy Tax Policy proposes one simple Transaction Tax of only One Percent (1%) on all monies withdrawn. This will provide the New Zealand Treasury with an annual revenue of approximately $92.04 Billion “

  2. Having FTT would remove the tax department, as all revenue collection would be done automaticly every night at 11, and remove the power the wankers have over us at each budget.
    They would never remove this form of control, just like legalising MJ, the cops couldn’t stand losing their search and arrest powers
    This system of abusing the masses will continue until it runs out of energy … so maybe another 5 years?

  3. Jenny 3

    Wednesday 22 June is a good opportunity to be part of a global action, but also to build the campaign for Tax Justice in New Zealand.

    If you’re in Wellington and interested in doing something on the 22 June (maybe in green) contact Vaughan Gunson, Tax Justice campaign coordinator, (09)433 8897,
    021-0415 082

    To read the Global Day of Action Toolkit, which includes good information on how an FTT could work, click on here

    To sign the Tax Justice petition online, Click on here

    The Tax Justice petition requests parliament to 1. Remove GST from Food; and 2. Tax Financial Speculation. 40,000 people have signed the petition so far.

    The Labour Party MP for Mangere, Su’a William Sio will table the Tax Justice petition to parliament on Tuesday 16 August, 2011

    Su’a William Sio said having *50,000 signatures on a petition is enough reason for Parliament to take note and consider the merits and substance of this petition.

    “The large numbers of people signing this petition also reflects the significant numbers of New Zealanders who are struggling to make ends meet due to the high cost of living, which I see everyday in Mangere,”
    “Labour recognises that the cost of living is a huge issue in our communities and that’s why it has already set out its initial policies – removing all GST off fresh fruits and vegetables, and no tax on the first $5000 of income.”

    Su’a William Sio MP

    *50,000 being the targeted amount of signatures by that date.

    • If you’re in Wellington and interested in doing something on the 22 June (maybe in green) contact Vaughan Gunson, Tax Justice campaign coordinator, (09)433 8897,
      021-0415 082

      I think The Standard have a no phone numbers policy ?

      • Jenny 3.1.1

        Sorry about that Robert, I had no idea there was such a policy.

        So I clicked on the “policy” tab in the sidebar at the top of the site.

        Robert, though it doesn’t necessarily mean you are wrong, I couldn’t find any mention of a “no phone number policy”.

        If there is a “no phone number policy”, and I have unwittingly breached it. Since this policy is not specifically mentioned in the stated “TheStandard” policy. I imagine the sysop probably allows some leeway in a good cause.

  4. Peter 4

    A big chance for Labour to introduce a “step change” policy which will, if nothing else, attract real interest and attenion.

    • Jenny 4.1

      “A big chance for Labour to introduce a “step change” policy which will, if nothing else, attract real interest and attenion.”


      Yes I agree Peter, officially adopting this sort of policy would certainly get Labour traction with the media.

      With TV specials and talking heads debating the pros and cons, followed up with hard copy journalistic analysis of the benefits and possibilities of an FTT.

      The spectacle of the vociferous declamations from FTT opponents, matched by it’s defenders could capture the public imagination and light up an election campaign that to date looks to be dull as dishwater to be decided on the persona and smile of an affable and likeable John Key, rather than any policy issues.

      An FTT would be seen by the electorate as a clear break with failed neo-liberalism of the past two decades, and present for voters a very clear demarkation between Labour and the continuing monatarist policies of the National Party.

      Such a starck policy difference between the two main parties would also become an issue of debate on internet blogs, not to mention all the other new media, Facebook, Twitter etc.

      Labour would really know they have arrived if this issue was being debated by the more older (and more voting) demographic of talk back radio. (The first and still enduring form of electronic media)

      • Peter 4.1.1

        Might even be able to cancel GST and lower income tax?

        • Jenny

          ……Be no need to borrow $350 million a week to deliberately bankrupt the country and prostrate us before the financiers, (the current strategy of this government).

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