Monday, June 18, 2012

National Campaign to Tax Wall St. Kicks Off in 15 Cities Tomorrow -- Join In! | AlterNet

National Campaign to Tax Wall St. Kicks Off in 15 Cities Tomorrow -- Join In! | AlterNet
"Americans will rally in 15 cities across the country at noon tomorrow to kickoff a national campaign to establish a Wall Street tax that would generate billions for the public good. This Financial Transaction Tax, called the "Robin Hood Tax," is a levy of less than half of a percent on trades in derivatives, stocks, bonds and foreign currencies. According to the campaign, economists estimate that $350 billion could be raised each year for health care, jobs, education, infrastructure and various other needs, which may help rejuvenate the economy. The campaign states that it is pushing for “a tax for the people"."