. . . a very small tax levied on financial transactions. As explained here, it's supported by Angela Merkel and Nicolas Sarkozy, among others. President Obama is skeptical.
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Thursday, December 08, 2011
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What a wonderful plan to collect a tax that would be of a great benefit for the taxpayer
and generated from a income source such as Wall Street. Booya
Posted by: Jim McCarthy | Sunday, December 11, 2011 at 12:05 PM
It would be better characterized as a "speculation tax." There is no reason not to tax income that comes about with zero effort and produces no real social value.
Posted by: LSTB | Thursday, December 08, 2011 at 11:44 AM