We believe a tiny tweak to global foreign exchange markets, where roughly $4.2 trillion is traded each and every day, would save millions of lives and lift hundreds of thousands of people out of poverty.
As the first company in the world to voluntarily incorporate a Tobin Tax into our business model we are committed to positive change and hope that other firms will join us....as some have already begun to.
Sometimes, social change has to start small before it filters up. Although we’re well aware that we can’t solve the world’s many problems with our contribution alone, we want to be an agent for change, start a groundswell, and prove this tax is feasible and easily incorporated into business operations.
Just imagine if 0.005% was deducted from every forex trade in the world. The number would be massive, and make a massive difference to potentially millions of people.
We hope that soon, large financial institutions – highly unlikely to institute the tax without significant political pressure – will follow our lead.
If the idea gains traction, this innovative funding stream could raise between $30 billion and $40 billion each year, every year. To become a part of the positive change we’re leading, while saving yourself, your company, charity or NGO significant sums of money, sign up for a free, no-obligation account.