Disastrous Financial Transaction Tax Gains Traction

http://economicrisis.com/disastrous-financial-transaction-tax-gains-traction/1065

Disastrous Financial Transaction Tax Gains Traction

5 Reasons the World Is Catching on to the Financial Transaction Tax … It has been more than 70 years since John Maynard Keynes wrote about the value of a financial transaction tax in “mitigating the predominance of speculation over enterprise in the United States.” A financial transaction tax works by levying a miniscule fee on the estimated $2.9 trillion of daily financial activity through the trading of stocks, bonds, and derivatives in U.S. financial markets, based on our analysis.
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