Do we need Robin Hood tax?

By | May 21, 2010

With the continuing travails of Wall Street, and their effect on our retirement plans, savings and investment accounts, and the economic venue in general, is it time to rethink our mentality about money and how it’s made?

Fr. Larry Snyder, president of Catholic Charities USA, explored that last week in his “Collateral Damage” post on his “Think and Act Anew” blog.  Not only did he challenge the “greed is good” slogan that has been present since at least the 1980s, but he wondered if taxing the rich and giving to the poor might work.  Check out his thoughts on the Robin Hood Tax.

 

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