Agenda item

Notice of Motion under Section 10 of Part 4 (Rules of Procedure) of the Council's Constitution

Minutes:

RESOLVED:      That the following Notice of Motion proposed by Councillor D.Jones and seconded by Councillor S.Freeguard, be supported, and that, Council be provided with an update on the proposed Tax-:


Robin Hood Tax

This Council notes the suffering forced upon local residents as a result of this government’s cuts programme and asserts that there is an alternative to its ideologically driven attack on public services – namely the levy of a Financial Transactions Tax on the speculative activities that have accelerated the recent enrichment of the few to the detriment of the many.  The Council therefore calls upon Government to enact the FTT and use the revenues from this measure to reverse ongoing shrinkage in the block grant to Wales, so that the Welsh Government can pass on fair funding for our Council.