This Week in Labor: AFL-CIO and ITUC Call for Financial Transaction Tax
At the end of each week, Working In These Times rounds up labor news we've missed during the past week, with a focus on new and ongoing campaigns and protests. For all our other headlines from this week, go here.
-Thousands of unionists rallied in solidarity with striking Candian postal workers Thursday outside the offices of Canada Post in Winnipeg, Manitoba, and Ottawa, Ontario. The protesters chanted "Negotiate, don't legislate!"—a reference to the federal government's move toward back-to-work legislation.
-The International Trade Union Confederation, which represents 171 million workers in 151 nations, is calling for a global financial transaction tax. The proposed tax would be .2 to .5 percent of all financial transactions. Bob Baugh of the AFL-CIO told reporters in Bonn last week that this relatively modest levy could raise hundreds of billions of dollars a year while serving as a brake on irresponsible and socially destructive speculation by the financial sector.