How do we fund the refugee crisis? With a Tobin tax | Andrew Simms

The world could pay for one problematic cross-border movement by taxing another – international currency trading

It took a single image to move governments to accept moral responsibility for humane treatment of the refugee crisis, but what will it take now to persuade them to pay for adequate action? David Cameron appears set to raid the already stretched aid budget to meet costs, robbing Peter to meet Paul’s settlement costs.

Related: How does UK refugee commitment compare with other countries?

It would be much better practice to pay for core international public needs from core international taxation

Related: Syrian man pictured crying as his family landed in Greece finds refuge in Germany

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