Financial Speculation Tax

Activists Visit Geithner's Home to Ask "Which Side Are You On?"

Peter Dreier | Posted 05.21.2012

Read More: JP Morgan Chase, Peter Scher, Bank of America, Pete Stark, Wall Street, Financial Speculation Tax, Tom Harkin, Peter DeFazio, National People's Action, National Domestic Workers Alliance, Jamie Dimon, Timothy Geithner, Occupy Wall Street, Video, Politics News
Peter Dreier

The protesters consider Geithner the key architect of Obama's economic recovery plan and the loudest voice within the president's inner circle for taking a "hands off" approach to tougher government rules to tame Wall Street's risky practices.

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Dan Froomkin

Will Obama Embrace 'Robin Hood Tax'?

HuffingtonPost.com | Dan Froomkin | Posted 12.16.2011

Read More: Robin Hood Tax, Harkin Defazio, Financial Transaction Tax, Transaction Tax, Financial Transactions Tax, Financial Speculation Tax, Tom Harkin, Peter DeFazio, Defazio Harkin, Obama 2012, Video, Politics News

WASHINGTON -- Advocates of a tiny but lucrative tax on financial transactions are increasingly hopeful that President Barack Obama's need to more firm...

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Attention Occupy Wall Street: Enact a Financial Speculation Tax

Anand Reddi | Posted 01.01.2012

Read More: Pete Stark, Occupy Wall Street Protest, Rep. Peter Defazio, Financial Speculation Tax, Peter DeFazio, Tom Harkin, Occupy Wall Street, Senator Tom Harkin, Business News
Anand Reddi

Last week, Senator Tom Harkin (D-Iowa) and Representative Peter DeFazio (D-Ore.) renewed efforts to enact a financial speculation tax. The Occupy movements across the United States should demand this initiative.

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Supercommittee of the One Percent Won't Even Think of Taxing Wall Street

Dean Baker | Posted 12.31.2011

Read More: Deficit, Banks, Financial Crisis, Social Security, Wall Street, Financial Speculation Tax, The One Percent, Super Committee, Taxing the Rich, We Are the 99 Percent, Social Programs, Congressional Super Committee, Business News
Dean Baker

While whacking our parents and grandparents with a big cut in Social Security benefits apparently draws bipartisan support, the supercommittee will not even score a plan to tax Wall Street financial speculation.

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Ryan Grim

Key Financial Reform Gets Boost From Occupy Wall Street

HuffingtonPost.com | Ryan Grim | Posted 12.26.2011

Read More: Video, Transaction Tax, Wall Street, Financial Speculation Tax, Speculation, Financial Reform, Occupy Wall Street, Tom Harkin, Peter DeFazio, European Union, New York Stock Exchange, Politics News

WASHINGTON -- Boosted by the Occupy Wall Street movement, two Democrats in the House and Senate are renewing a push for a transaction tax on speculati...

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Why Don't the Deficit Hawks Want to Tax Wall Street?

Dean Baker | Posted 11.26.2011

Read More: Financial Crisis, Wall Street, Deficits, Social Security, Financial Speculation Tax, Medicare, Business News
Dean Baker

While deficit hawks like investment banker Peter Peterson, Morgan Stanley director Erskine Bowles, and the Washington Post never tire of preaching the virtues of shared sacrifice, somehow sacrifice for Wall Street never features as a part of this story.

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More for Them, Less for You

Carl Gibson | Posted 11.07.2011

Read More: Super Rich, Small Business, Unemployment, Michele Bachmann, Jon Huntsman, Financial Speculation Tax, Tax Loopholes, Mitt Romney, Jobs, Corporate Taxes, Rick Perry, Elections 2012, Politics News
Carl Gibson

The current crop of Republicans vying for the presidential nomination are all champions of a reverse-Robin Hood methodology that calls for soaking the poor to give more lavish tax breaks to the rich, and calling it "job creation."

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America Is Crumbling: Hire Us to Fix It

Carl Gibson | Posted 10.24.2011

Read More: Infrastructure, Unemployment, Budget Cuts, Wpa, Financial Speculation Tax, Texas Drought, Jobs, Corporate Tax Loopholes, Public Sector, Rick Perry, Business News
Carl Gibson

We need jobs to fully recover, but jobs won't come about until demand picks up. Demand won't pick up until people have money to spend. So why are our leaders hell-bent on cutting public sector jobs when we need them most?

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President Obama's Big Deal: Cuts for Social Security, but No Taxes for Wall Street

Dean Baker | Posted 09.17.2011

Read More: Deficit, Medicare, Wall Street, Social Security, Financial Speculation Tax, Business News
Dean Baker

We are constantly being told by politicians -- from President Obama to Tea Party Republicans -- that America has a problem with out-of-control spending. This claim is an invention, a falsehood with no basis in reality.

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Europe Takes the Lead in Drive to Tax Speculators

Sarah Anderson | Posted 05.25.2011

Read More: Taxes, European Union, Global Financial Crisis, European Parliament, Financial Speculation Tax, Business News
Sarah Anderson

The Europeans often leave us Yanks way behind. And now they appear on track again, with solid progress this week towards adopting an innovative proposal to pay for the costs of the global economic crisis.

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Taxing Financial Speculation, Raising Funds for Critical Needs

Paul R. Epstein, M.D., M.P.H. | Posted 05.25.2011

Read More: Financial Speculation, Financial Speculation Tax, Business News
Paul R. Epstein, M.D., M.P.H.

Levying a tiny tax on financial transactions could help build a healthier and more stable future.

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Full Catastrophe Banking in 2011

Mary Bottari | Posted 05.25.2011

Read More: Bank of America, Volatility, Banking Crisis, Foreclosure, Bankruptcy, Finanical Crisis, Economy, Economic Crisis, Gas Prices, Financial Speculation Tax, Julian Assange, Wikileaks, Business News
Mary Bottari

Here are eight things to watch out for in 2011 that threaten to rock the financial system and undermine any recovery.

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Jason Linkins

No Financial Speculation Tax: Morgan Stanley Leaves Their Mark On The Chairmen

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

Read More: Chairman's Mark, Financial Speculation Tax, Erskine Bowles, Deficit Commission, Eat the Press, Dean Baker, Paul Krugman, Bob Herbert, Politics News

For more on the abject unseriousness of the Deficit Commission's "chairman's mark," we go live to Dean Baker at the Center For Economic and Policy Res...

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Financing Global Health Aid and Protecting Wall Street: Enact a Financial Speculation Tax

Anand Reddi | Posted 05.25.2011

Read More: Antiretroviral Drugs, Global Health, Doctors Without Borders, Africa, HIV Prevention, Lantos-Hyde Act, Anand Reddi, Maternal Health, Barack Obama, Currency Tax, HIV/AIDS, Pepfar, Financial Speculation Tax, AIDS Healthcare Foundation, Partners in Health, Obama Global Health Initiative, Global Health Initiative, Maternal and Child Health, Medecins Sans Frontieres, University of Colorado School of Medicine, Politics News, Pete Stark, World News, Nelson Mandela, Business News, World News
Anand Reddi

A 0.005% financial speculation tax -- a "pinprick" for international banks -- would be an important stream of revenue for domestic and global development initiatives.

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In The Public Interest : New Insights into Preventing Wall Street Meltdowns and Reducing Debt

Phineas Baxandall | Posted 05.25.2011

Read More: Fiscal Commission, Global Economy, Financial Transaction Tax, Tobin Tax, Federal Budget Deficit, Wall Street, Financial Speculation Tax, Wall Street Speculators, Speculation, Financial Reform, Basel Accord, Global Financial Crisis, Financial Crises, Financial Regulation, Politics News
Phineas Baxandall

This Week's Basel Accord and New Poll Show How to Prevent Wall Street Meltdowns and Reduce the Debt with One Tool This week's news made the path for ...

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Time to Tax the Wall Street Casino

Chuck Collins | Posted 05.25.2011

Read More: Economy, Recession, Financial Speculation Tax, Business News
Chuck Collins

Angry about the greedy financial speculation that wrecked the economy? Got a deficit headache? How do we spell relief? Try F.S.T., which stands for Financial Speculation Tax.

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Weekly Audit: Why Democrats Must Focus on Jobs Now

The Media Consortium | Posted 05.25.2011

Read More: The American Prospect, Jobs Bill, Hedge Fund Loophole, Financial Transactions Tax, Financial Speculation Tax, Jobs, Sarah Anderson, YES! Magazine, Billionaire Tax, Unemployment Rate, Robert Greenwald, Defense Budget, Alternet, Art Levin, Wall Street Tax, Deficit, Unemployment, Tim Fernholz, Defense Spending, In These Times, Wall Street, Economy, Home News
The Media Consortium

by Zach Carter, Media Consortium blogger The job market in its worst state since the Great Depression and is putting tremendous strain on millions of...

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Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011

Read More: JP Morgan Chase, Elizabeth Warren, American Bankers Association, Citigroup, CEO Pay, Financial Speculation Tax, Taxpayer Bailout, Jobs, Bankers, Congress, Obama, Afl-Cio, Warren Buffet, Goldman Sachs, Bank of America, Labor, Wall Street, Edward Yingling, Consumer Protection Agency, Bonuses, Unions, Richard Trumka, Business News
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

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