The Big Banks Can Be Beaten

The Big Banks Can Be Beaten

When the 2008 financial crash slammed the New York City construction industry, Maribel Touré’s husband lost his job as an architect. On top of that, Maribel suffered a serious accident. But what really plunged the family into financial trouble was sending their...
Wall Street Should Pay a Sales Tax, Too

Wall Street Should Pay a Sales Tax, Too

In case there was any doubt, the presidential election fight has confirmed that blasting Wall Street, even eight years after the financial crisis, is still a vote-getter. Hillary Clinton has said she’d like to jail more bankers. Donald Trump has skewered the hedge...
European Victory on Taxing Speculation

European Victory on Taxing Speculation

Cross-Posted with the Huffington Post European campaigners for a financial transaction tax have done some awfully goofy things over the past three years. At one French demonstration, they stripped down to their skivvies to emphasize the small size of the tax (0.1% on...
Emerging Economies Join G20 Coalition to Tax Speculation

Emerging Economies Join G20 Coalition to Tax Speculation

Talk about piling on. Bill Gates, the Pope, Michael Moore, the Archbishop of Canterbury, 1,000 parliamentarians, 1,000 economists, the world’s major labor leaders, Occupy Wall Street protesters, Oxfam and other major development groups, thousands of nurses, the...
Gates Backs the Wall Street Tax at the G20 Summit

Gates Backs the Wall Street Tax at the G20 Summit

The world’s second-richest man and a group of American nurses on the frontlines of the Occupy Wall Street protests came to the G20 summit in Cannes, France this week to advocate for the same thing. Bill Gates came because French President Nicolas Sarkozy asked...
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