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Tobin Tax

Mark Gongloff

Lawmakers Want To Tax Trades | Mark Gongloff | Posted 02.28.2013 | Business

Democratic lawmakers have proposed a plan to solve two pesky, unrelated problems at once: The budget deficit and high-speed trading robots run amok. T...

Finance Executives: Tax Us Before We Kill Again!

The Huffington Post | Mark Gongloff | Posted 06.25.2012 | Business

When an industry is all but begging you to tax it, maybe it's time to pay attention. Dozens of financial executives, including expats from Goldman ...

Conservative Candidate Supports Wall Street Speculation Tax

Sarah Anderson | Posted 06.04.2012 | World
Sarah Anderson

Hardest hit would be the computer-driven high frequency trading that makes up about 55 percent of all trading on U.S. stock markets. Such warp speed robot trading played a role in the May 2010 "flash crash" and there are growing concerns that it could cause the next "Big One."

Crash Tax: Wall Street Reparations

Leo W. Gerard | Posted 01.14.2012 | Business
Leo W. Gerard

It's time for Wall Street to pay reparations for the financial collapse it caused. It's time for a crash tax, a tiny sales tax on Wall Street transactions, the revenues from which would pay for Main Street restoration.

Why We Need a Financial Transactions Tax

John Fullerton | Posted 10.25.2011 | Business
John Fullerton

The truth is simple: A modest financial transactions tax of less than 1 percent would serve as a remarkably efficient tool to achieve needed reform.

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

Phineas Baxandall | Posted 05.25.2011 | Politics
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 ...

Who Will Pay: Wall Street or Main Street , The Tobin Tax or the VAT?

Ellen Brown | Posted 05.25.2011 | Politics
Ellen Brown

Wall Street banks have been saved from bankruptcy by governments that are now going bankrupt themselves; but the banks are not returning the favor. Wall Street needs to be made to pay its fair share, but how?

How Victorianism Pervades Our Economic Debates

Jonathan Weiler | Posted 05.25.2011 | Business
Jonathan Weiler

Public discussion about appropriate taxing and spending priorities have become warped by an insidious, if often implicit, moralism.

Daniel Gross: Senate Reform Bill Is Too Kind To Wall Street

Slate Magazine | Daniel Gross | Posted 05.25.2011 | Business

The Senate's passage Thursday night of extensive financial reform is being portrayed as a big loss for the financial sector. "No End to Banks' Capitol...

Time for Economic Polluters to Pay Up? Tobin or not Tobin...

Sony Kapoor | Posted 05.25.2011 | Business
Sony Kapoor

The financial crisis, the biggest in living memory, has tilted the political and financial landscape in a direction that makes Tobin Taxes not just more desirable but also much easier to implement.

Goldman's Profits Come from Our Pockets: Why We Need a Tobin Tax

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

While Wall Street's welfare queens have been busy collecting generous government handouts, the 50 states have been left to fend for themselves.

Mark Thoma on Sane Markets

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The response to volatile markets is not plain-vanilla financial products, but more complex products that use market mechanisms to cope with uncertainty. Plain vanilla can be as ugly as adjustable-rate mortgages.

Geithner Interviewed By Bloomberg: Says Goldman Would Have Failed, Dismisses Tobin Tax (VIDEO)

Posted 05.25.2011 | Business

During an interview this week on Bloomberg's Political Capital with Al Hunt, Treasury Secretary Timothy Geithner disputed claims made by Goldman Sachs...

Beyond the Tobin Tax: End the Free Ride for the Financial Sector and Impose Fees to Revive the Economy

Kyle G. Brown | Posted 05.25.2011 | Business
Kyle G. Brown

The most reliable way to expand tax revenues would be to impose a modest fee on every stock, every bond -- in short, every financial transaction.

A Virtuous Tax

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

A little bit of populist retribution is overdue against the people who brought down the system -- and will bring it down again if the hegemony of the traders is not constrained.

Labor Day Special: Reward Real Work, Tax Fantasy Finance

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

We fought a war of independence to free us from aristocratic rule. Now an aristocracy of wealth is taking over, again, even after we watched it wreck the entire economy.