Reich Proposes a New Tax

http://www.futureofcapitalism.com/2010/03/reich-proposes-a-new-tax

"A tiny one half of one percent tax on all financial transactions would generate about $200 billion a year, according to the Economic Policy Institute," Robert Reich writes. These taxes all start out "tiny" until the government needs or wants more revenue. And when you add up all the tiny taxes all of a sudden they aren't so tiny any more.

by Editor  |  Mar 8, 2010 at 11:02 pm Related Topics:  Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list