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2. Health GAP is… 10/5/20152 An international AIDS activist organization dedicated to eliminating the barriers to lifesaving HIV treatment for everyone. A strong believer in direct action organizing and strategic policy making. The sponsor of the Student Global AIDS Campaign Began with a series of beautifully choreographed direct actions targeting then VP and Pres. Candidate Al Gore for his role in preventing South Africa from importing generic, affordable medications.

3. Global economic crisis Who Caused it? Who does it Impact? 10/5/20153

4. Impacts Increases in the cost of food and fuel are estimated to have pushed more than 100 million people back into poverty. The World Bank: in all developing countries an additional 200,000 to 400,000 infant deaths per year may result from the financial crisis (from 2010). A $65bn hole in the budgets of the low-income countries as a direct result of the financial crisis, – Remittances dried up – Investment, export revenues and credit declined Yet more pain is in the pipeline. Aid spending is set for dramatic reductions. 10/5/20154

5. Is there enough $ for everyone to get Health? Globally top 1% = 40% of all wealth Top 10% = 85% Global Wealth, Rich Countries = 88% 10/5/20155

6. The Solution We Can All Work on Together Gorillas, LGBT community, People living with AIDS, Homeless, Unemployed, Unions, etc. 10/5/20156

7. What is the Robin Hood Tax? Taxing financial instruments such as: Stocks, Bonds, Foreign Exchange, Derivatives: Futures, Swaps, Options Average rate: 0.05% would generate: up to $400b worldwide Rate of.5% would generate up to $350 billion in the U.S. alone In Europe, campaign calls for 50% domestic; 50% international: – Jobs+Development/health + climate change In U.S. campaign is asking for higher percentage point to add additional demands: create jobs, provide education, full healthcare. 10/5/20157

8. Currency – foreign exchange: Currency – foreign exchange: 1973: $4 trillion per year; 1973: $4 trillion per year; mid-80s: $40 trillion per year mid-80s: $40 trillion per year 2004: $500 tr. pa = $1.9 tr. per day 2004: $500 tr. pa = $1.9 tr. per day 2007: $800 tr. pa = $3.2 tr. per day 2007: $800 tr. pa = $3.2 tr. per day 2010: $1,000 tr. pa = $4 trillion per day 2010: $1,000 tr. pa = $4 trillion per day Rate: 0.005% - Intelligence Capital Revenue: $45-50 Billion per year Revenue: $45-50 Billion per year Currency Transaction Levy 10/5/20158

9. History of FTTs Tobin taxes: Originally refer to James Tobin, currently used by the media to mean all financial transaction tax. 1970s: Tobin’s original idea was about taxing currency/forex – 1% in order to REGULATE not generate revenue – Would dramatically cut down on transactions… which Tobin wanted 10/5/20159

10. Legislation and Support So Far: The Currency Tax Levy is a subset of this larger tax. Just on currency. Would raise $30 billion if there was a.005% tax on 4 most traded currencies. Congressmember Pete Starks introduced legislation to create a currency transaction levy that would specifically fund the fight against global AIDS and climate change (DeFazio-Harkin bill would fund domestic jobs) Congressmember Ellison Bill, HR 6411 with a great rate of.5% and talks about AIDS in the findings. Gates, the Pope, Sachs, Archbishop of Canterbury, Chris Martin, Anna Wintour, Mark Ruffalo, to name drop a few, have come out in favor 10/5/201510

11. How Does It Work: Seller asks broker to sell security Buyer wants to buy that security Negotiate on an exchange or through software on price Clearinghouse holds the security, confirms the sale Both parties agree to the terms Buyer sends money to the clearinghouse Clearinghouse releases the security to the buyer VAT? / Sales Tax 10/5/201511

12. Myth Busting… 10/5/201512

13. It Needs to Happen Everywhere… FTTs – commonplace: over 25 years FTTs – commonplace: over 25 years introduced permanently or temporarily on stocks, corporate/government bonds, futures, general computerised financial transfers Argentina, Australia, Austria, Belgium, Brazil, Chile, China, Colombia, Denmark, Ecuador, Finland, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Malaysia, Morocco, Netherlands, Pakistan, Peru, Philippines, Portugal, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, UK and US Argentina, Australia, Austria, Belgium, Brazil, Chile, China, Colombia, Denmark, Ecuador, Finland, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Malaysia, Morocco, Netherlands, Pakistan, Peru, Philippines, Portugal, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, UK and US 10/5/201513

14. Will it Hurt the Financial Sector? Profit to Financial Sector: Bonuses: global pot for 2011 $600 billion and a $1,000 billion (one trillion dollars); R1.1 billion from must ABSA in South Africa banking was the most profitable industry in the world, 26 times more profitable than the average industry 10/5/201514

15. It WILL Hurt the Financial Market… Volume of financial transactions: 70x the size of “real economy” Tradebots in the US who hold a stock on average for just 11 seconds. Financial experts agree-this is the danger zone of trading. RHT will kill about 50% of (robo) trading Our revenue estimates take this loss into account 10/5/201515

16. It will never happen … THE OCCUPY MOVEMENT HAS OPENED A SPACE FOR US TO FINALLY START TALKING ABOUT AN END TO REPEATED BUDGET CUTS. 11 COUNTRIES IN EUROPE, INCLUDING GERMANY AND FRANCE, HAVE JUST IMPLEMENTED A FINANCIAL TRANSACTION TAX. IT IS HAPPENING… 10/5/201516

17. We Can’t do it! Syringe Exchange Inclusion of women in clinical trials Ryan White CARE Act Housing for people with AIDS US Global AIDS Plan and subsequent expansion to $48 billion AIDS drugs drop from $15,000 to $89/year due to generic competition Activists campaigned for the creation of the Global Fund to Fight AIDS, TB, and Malaria-new way to do development Americans with Disabilities Act Bank Regulation End of Child labor Etc, etc. 10/5/201517

18. UPCOMING OPPORTUNITIES… DRESSING LIKE ROBIN HOOD IS NEVER A BAD THING GOING NAKED IS NEVER A BAD THING Organize a rally outside your Member of Congress’ office or invite them to a town hall on global AIDS. Now is the time for Congress to keep their promises on AIDS. Meet with your congressmember-very few people actually do this! Ellison bill to be re-introduced, press conference, day of actions in early March MOBILIZE FOR APRIL 20 TH (NO, NOT THAT 4.20) IN DC (G8/G20 FINANCE MINISTERS AND GOVERNORS) FTT messaging at Occupy Everywhere Do any Robin Hood Action! 10/5/201518

19. Grassroots Action Thus Far… 10/5/201519

20. Health GAP and VOCAL-NY Mobilizing Occupy Wall Street 10/5/201520

21. VOCAL-NY on World AIDS Day 10/5/201521

22. AIDS Activists have been Occupying Wall Street for 25 Years… 10/5/201522

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26. Contact Info Jennifer Flynn Managing Director Health GAP jflynn@healthgap.org Cell + 1 917 517-5202 Skype: jenniferaliceflynn Headquarters: +1 212 537-0575 x 3 ______________________ 10/5/201526