Showing posts with label Robin Hood Tax. Show all posts
Showing posts with label Robin Hood Tax. Show all posts
Saturday, May 23, 2015
Wednesday, May 20, 2015
Friday, March 15, 2013
What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams
What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams
"Let’s get one thing straight: The United States doesn’t have a public debt problem. Net interest payments on the federal public debt are less than 1 percent of GDP [PDF], which is about as low as they have been in the post-World War II era. In the long run, projected debt problems are a result of rising health care costs – driven by the private sector – and would disappear if we were to reduce these costs to the level of other high-income countries."
"Let’s get one thing straight: The United States doesn’t have a public debt problem. Net interest payments on the federal public debt are less than 1 percent of GDP [PDF], which is about as low as they have been in the post-World War II era. In the long run, projected debt problems are a result of rising health care costs – driven by the private sector – and would disappear if we were to reduce these costs to the level of other high-income countries."
Thursday, March 7, 2013
No More Excuses: Soaring Market Latest Evidence of Need to Tax Wall Street | Alternet
No More Excuses: Soaring Market Latest Evidence of Need to Tax Wall Street | Alternet
"With all the pain the economic crash has inflicted, the bill for Wall Street is due."
"With all the pain the economic crash has inflicted, the bill for Wall Street is due."
Tuesday, March 5, 2013
It’s Time to Tax Financial Transactions | Common Dreams
It’s Time to Tax Financial Transactions | Common Dreams
"On Friday at midnight, the sequester kicked in, triggering $85 billion in deep, dumb budget cuts that sent “nonessential personnel”— such as air traffic controllers — packing. Not to worry, though: Wall Street’s day was pretty much like any other. Billions of dollars in profits were made off of trillions of dollars in financial transactions. And the vast majority of those transactions were conducted tax-free.
"On Friday at midnight, the sequester kicked in, triggering $85 billion in deep, dumb budget cuts that sent “nonessential personnel”— such as air traffic controllers — packing. Not to worry, though: Wall Street’s day was pretty much like any other. Billions of dollars in profits were made off of trillions of dollars in financial transactions. And the vast majority of those transactions were conducted tax-free.
Moral of the story: What else is new?
Crash the economy? Free pass. Prevent planes from crashing? Pink slip."
Thursday, February 28, 2013
Trio Of Democrats Introduce Legislation To Tax Financial Transactions
Trio Of Democrats Introduce Legislation To Tax Financial Transactions: A trio of Democratic lawmakers today introduced legislation to institute a small tax on financial transactions, a proposal that would reduce volatility in financial markets and raise substantial revenue for the federal government. Under the plan from Sens. Tom Harkin (D-IA) and Sheldon Whitehouse (D-RI) and Rep. Peter DeFazio (D-OR), financial trades would be subject [...]/p
Monday, February 25, 2013
5 Reasons Why The U.S. Needs A Financial Transactions Tax
5 Reasons Why The U.S. Needs A Financial Transactions Tax: A duo of Democratic lawmakers have spent the years since the financial crisis calling for a financial transactions tax, a small fee on individual trades that would slow down markets and make them safer for investors and the country as a whole. Sen. Tom Harkin (D-IA) and Rep. Peter DeFazio (D-OR) introduced legislation that would [...]/p
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