iOS app Android app More
May 26, 2015

Bernie Sanders Takes It to Wall Street With Financial Transactions Tax

Last week, Bernie Sanders, the Senator from Vermont and only announced challenger to Hillary Clinton for the Democratic nomination, took a strong stand for everyday people.He proposed a financial transactions tax (FTT), effectively a Wall Street sales tax, and to use the revenue to make public colleges tuition free. While making college affordable to low and middle income families is important, the proposal for an FTT is a real game changer. There is no single policy that would have anywhere near as much impact in reforming the financial sector. A FTT would effectively impose a sales tax on stocks and other financial assets, so that speculators have to pay a tax on their trades, just like people who buy shoes or clothes. There are three points people should understand about a FTT.

'Tsunami-Type' Flooding Called Texas's Worst Ever

Texas Flooding
Drew Anthony Smith via Getty Images

Storms Devastate Texas, Plains And Midwest... 12 People Missing

Republicans Prepare For 'Ugly' Fallout From Supreme Court Health Care Case

Supreme Court Capitol Building
KAREN BLEIER via Getty Images

More Politics
Biggest Blunder.. 'Ugly' Potential SCOTUS Fallout.. Joe Biden's Selfies.. Jeb Bush 'Cottage'.. Perry Plan

Iraq Launches Operation To Drive ISIS From Anbar

Iraq Operation Isis

More WorldPost
Political Earthquake In Spain.. Poles Elect New Prez.. Hiding In Burundi.. Putin Pens 'Draconian' Law

Stephen Curry Leaves Game After Hitting His Head On Hard Fall

Stephen Curry
Ronald Martinez via Getty Images

More Sports
Lil B Curses Harden.. Ray Rice Charges Dismissed.. All-Girls Tackle Football.. Kobe's Last Year?

Behind Closed Doors, Washington Post Reporter Goes On Trial In Iran

Jason Rezaian
The Washington Post via Getty Images

More Media
Maddow Blasts Gun-Makers.. Christie Roasts Reporters.. RNC Limits Debate.. Trump Gets Grilled

How Rick Perry Is Trying To Win Over Key 2016 Voters

Rick Perry
Scott Olson via Getty Images

Heat Wave Kills Over 500 People In India

India Heat
SANJAY KANOJIA via Getty Images

Another Media Mega-Merger In The Works

Charter Twc

Deal Seeks To Keep Cable Consolidation On Track

REPORT: Cleveland Reaches Deal With Justice Department On Illegal Policing

Cleveland Police Protest Arrest

ALSO: Cop Found Not Guilty In Shooting Of Unarmed Couple... More Than 70 Arrested In Protests...

Teen Dies After Being Hit By Baseball In Minnesota

Little League Baseball
Rob Carr via Getty Images

This Vaccine Could Change The Way We Fight Cancer

Cancer Research
Adam Voorhes

More OWN
Burn 270 Calories In 20 Mins..5 Ways To Renew Passion.. Leah Remini On Scientology.. Fast Breakfast

Dozens Of Kenyan Police Officers Die In Al Shabaab Attacks

Al Shabaab Kenya

U.S. Does Damage Control After Defense Chief's Criticism Of Iraq

Ramadi Islamic State
AHMAD AL-RUBAYE via Getty Images

New Tests Of 'Stand Your Ground' Laws Capture National Attention

Shooting Handgun
George Frey via Getty Images

Children Injured After Waterspout Sends Bounce House Flying


Jeb Bush To Get Own Home At Family Compound In Maine

Jeb Bush
Scott Olson via Getty Images

GOP Senator Marries Longtime Aide

Thad Cochran

Man On Death Row For 3 Decades For Cult Killings Dies In Prison

NE Department of Corrections

More Crime
Suspicious package.. Protesters Arrested.. Rollercoaster Rescue.. Kayak Murder Mystery Update

Obama Visits Tomb Of The Unknown Soldier On Memorial Day

Barack Obama

Elite Soccer Player May Make The Jump To The U.S.

Didier Drogba
Shaun Botterill via Getty Images

Couple Missing 2 Weeks In California Desert Drank Rain To Survive

Desert Skeleton
PIERRE VERDY via Getty Images

Spain Braces For Political Earthquake After Election Stunner


B.B. King's Daughters Claim He Was Poisoned

Bb King

Bears Drop Ray McDonald After Another Domestic Violence Arrest

Ray Mcdonald
Christian Petersen via Getty Images

Anonymous Threats Made To At Least 6 Commercial Airliners

Associated Press

Michelle Obama To Grads: 'Run To, And Not Away From, The Noise'

Michelle Obama
Win McNamee via Getty Images

Real Madrid Fires Coach After Just A Year Without A Championship

Carlo Ancelotti
Gonzalo Arroyo Moreno via Getty Images

Nepal Strives For Peaceful Recovery Month After Massive Earthquake

Nepal May 25
ISHARA S.KODIKARA via Getty Images

California Searches Down Under For Solutions To Epic Drought

California Drought

More Green
Water Problems.. China.. Telescope Protests.. Offshore Drilling.. Monkey Deaths.. Corgi Party.. Tornado

Russia Wants To Use Prison Labor For 2018 World Cup

Russia Prisoners

Islamic State Faces Battle In Iraq, Bombs In Syria


Bernie Guns For The Warren Vote

AP Photo/Jacquelyn Martin

Rush Limbaugh Is Upset The GOP Is Helping Push Obama's Trade Agenda

Rush Limbaugh
Bill Pugliano via Getty Images

Operation Coach Pairs Vets With At-Risk Youth To Help Both

Up2Us/George Morency


    1. HuffPost
    1. HuffPost
    1. HuffPost
    2. View all RSS feeds

The Rock Just Set A World Record

The Rock Selfie Record

More Entertainment
'Buffy' Stars Reunite.. Bikini'd Celebs.. Kim & Kanye Anniversary Pics.. 'Aloha' Drama..

The 'Single Biggest Barrier To Sexual Satisfaction'

Shutterstock / Panosgeorgiou

More HuffPost Live
Flings During Fleet Week.. Eric Stonestreet.. Marvin Gaye's Ex Speaks Out.. 'GoT'.. Kosher Vibrator

John Stamos 'Heartbroken' The Olsen Twins Won't Appear In 'Fuller House'

Richard Shotwell/Invision/AP

Watch As Waitress Decks The Jerk Who Groped Her


Now Everyone Is Trying To Summon A Mexican Demon

Charlie Challenge

More Weird
Poop Bus.. Buff Kangaroo.. Elephant Selfie.. Brains In Road.. Pats Obituary.. He's Not Dead

'Newsroom' Actress Gets Hitched

Alison Pill Weds
Dan Steinberg/Invision/AP

The Rock And Roll Hall Of Fame's Secret Oral-History Project

Chuck Berry

Not All Hawaiians Are Happy About The New 'Aloha' Movie

Aloha Movie
Jonathan Short/Invision/AP

10 Most Popular Vacation Spots Of 2015

M Swiet Productions via Getty Images

More Travel
Very Cool Cave.. AirBnB Treehouse.. Glass-Bottom Bridge.. Fit Cities.. Foodie Philly.. Summer Flights

7 Big Things We Learned About Sleep In The Past Decade

Sleeping Toddler
Shutterstock / Salim October

More Science
Parking Lot King.. 'Dark' Perfectionism.. Science Of Happiness.. 10 Coolest New Species.. Math Puzzle

Why Loving Yourself Is The Most Selfless Thing You Can Do

Shutterstock / Ivelin Radkov

Homeless Widow With 4 Kids Wins Million-Dollar House

The Doctors 151
The Doctors

More Dr. Phil
Teen Convicted Of Murdering Mom.. Quick & Healthy BBQ Recipes.. Teacher-Student Scandal

44 Stunning Art Studios That Will Inspire You To Get Back To Work


More Arts
John & Yoko Photos.. Pin-Up Girls.. A New Monet?.. The Power Of Masks.. Queer Comic Artists To Know

Shelter Brings Veterans And Puppies Together For Memorial Day

Dog Paws
Thomas Laehren via Getty Images

How You Can Help Improve Conditions At Nail Salons

Handle With Care
Handle With Care

More Style
Full Lip Look.. Hair Salon Concerns.. Week's Best Looks.. Trends To Skip.. Pixie Cuts.. Lavender Benefits

8 Sunscreen Mistakes You're Probably Making

Sunscreen Mistakes

More Healthy Living
Labeling Sugar.. Love Yourself.. Ease Running Pains.. Healthy BBQ.. Dad Bod.. Hot Yoga

Dos And Don'ts Of Backyard Landscaping

Classic Cottages LLC

More HuffPost Home
Tiny Home Tips.. Solo Livin' Truths.. Kitchen Makeovers.. Natural Cleaners.. Home Appeal Hacks

Art Garfunkel On Paul Simon: I 'Created A Monster'

Simon Garfunkel
Hulton Archive via Getty Images

10 Rules Fit People Live By

Antonio_Diaz via Getty Images

'Game Of Thrones' Finally Gave Cersei Exactly What She Deserves


More TV
New On Netflix.. Binge Grief.. 'Lost' Meets 'Tomorrowland'.. Duggar Scandal.. Seinfeld Easter Egg

Legendary Actor Omar Sharif Battling Alzheimer's

Omar Sharif Lawrence
Stuart Wilson via Getty Images

Man Asks City To Ban Fart Smells -- For A Good Reason

Holding Nose

Make Way For The Goths

Wave Gothic Festival

Top Computer Game Takes Bold Step Against Harassment

League Of Legends

More Tech
Tinder Harassment.. App Boosts Productivity.. Spotify Evolves.. 'Batman' Trailer.. Password Security

What People Who Love Their Jobs Do Differently

Email Productivity
Michael Poehlman via Getty Images

Poop-Powered Bus Can Haul A**

Reading Buses/YouTube

The 'Star Wars' Cantina Just Came To Life

Star Wars Cantina 5
Olivia Weetch

Artist Fixes Potholes With Ice Cream Mosaics

Ice Cream Sandwich
Jim Bachor

WATCH: People Mangle Attempts To Pronounce Medical Terms

Pronounce Medical Terms