Share this entry

Robin Hood tax Line breaks: Robin Hood tax

Definition of Robin Hood tax in English:


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
More example sentences
  • 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).
  • This month, 350 prominent economists have publicly backed a proposed "Robin Hood tax" on speculative financial transactions.
  • A proposed levy on banks' financial transactions has been nicknamed the Robin Hood tax.


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

Share this entry


What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources