It seems our Federal Treasurer has considered the so called Robin Hood Tax and reversed it in the just announced Bank Deposit Tax. The original concept was to take a small amount from bank deposits in wealthy countries to fund assistance for the worst off in the world. A concept I support as it would have helped those penalised by capitalism, and would be happy to pay my share. However the Treasurers plan is to take from small depositors to create a fund to back up the big 4 banks, some of the richest institutions in Australia. Something I do not support as it consolidates capitalism at the expense of the small depositor. It will be a disincentive to those with the greatest need to save a bit each week.