Calling Wall Street A ‘Gambling Casino,’ Democratic Rep. DeFazio Proposes Financial Transactions Tax

Echoing the demands of the Occupy Wall Street protesters, Rep. Peter DeFazio (D-OR) is proposing to tax the trading of stocks, bonds, and derivatives. DeFazio, along with his Senate co-sponsor Sen. Tom Harkin (D-IA), has proposed the tax several times in the past. But this time around, the idea is getting a boost of momentum [...] Full Story »

Posted by Warrior Wheatman
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Posted by: Posted by Warrior Wheatman - Oct 6, 2011 - 1:21 AM PDT
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Warrior Wheatman
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by Warrior Wheatman - Oct. 6, 2011

A Transaction Tax, finally. Expected to raise 150 billion for our deficit? I won't hold my hopes too high, The powers that be are not taking this laying down.

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