Definition of Robin Hood tax in English:

Robin Hood tax

noun

informal
  • A tax aiming to redistribute resources in order to achieve greater social equality, especially a proposed tax on transactions made by financial institutions.

    ‘any indication that the Robin Hood Tax might be implemented soon will be welcomed by anti-poverty campaigners’
    • ‘The question, should oil companies be charged a Robin Hood tax that would fund rebates for consumers?’
    • ‘Last week a development charity press office sought my support for a "Robin Hood tax".’
    • ‘Imagine him saying that the money will be made available either through quantitative easing or by adopting a Robin Hood tax.’
    • ‘Their alternative is for the state to increase its remit over corporations, imposing a 'Robin Hood tax' on the banks and closing tax loopholes, as well as saying no to 'unfair and unnecessary' cuts in state expenditure.’
    • ‘According to its proponents, the Robin Hood tax is the simplest, fairest solution to these ills.’
    • ‘A proposed levy on banks' financial transactions has been nicknamed the Robin Hood tax.’
    • ‘The prime minister must now prove that he is serious in his support for the Robin Hood tax.’
    • ‘In Britain, War on Want calls it a 'Robin Hood tax', to show that the tax can be used to take from the rich to give to the poor.’
    • ‘It does nothing substantial about banking reform, and while it pays token attention to a Green New Deal, there is no mention of a Robin Hood tax.’
    • ‘This month, 350 prominent economists have publicly backed a proposed "Robin Hood tax" on speculative financial transactions.’
    • ‘Campaigners for a so-called Robin Hood tax said Osborne could have raised 20 bn through a financial transaction tax.’
    • ‘What there is is mixed but perhaps leaning against the Robin Hood tax.’
    • ‘"Presumably this means a Robin Hood tax will be in the party's next manifesto," suggests Richard.’
    • ‘The Greens' Policy on Economics includes tariff increases, the implementation of an international currency transactions tax or Robin Hood tax, and reintroducing estate duties on personal inheritance (death duties).’

Origin

1960s: from the legend of Robin Hood, who reputedly stole from the rich in order to help the poor.