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Financial Transactions Tax

The $200,000 Insult: Come to Chicago

Dean Baker | Posted 10.23.2009 | Business

Read More: Bailout, Wall Street, Executive Pay, Showdown in Chicago, Financial Transactions Tax, Kenneth Feinberg, Executive Compensation, Obama Executive Pay, Business News
Dean Baker

Wall Street badly needs fixing. Fortunately we have the tool to do the job. It's called a financial transactions tax (FTT) - a modest tax on trades of stock, futures, options and other financial instruments.

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Q&A with Housing Bubble Forecaster Dean Baker

Leo W. Gerard | Posted 04.02.2009 | Business

Read More: Federal Reserve Board Chairman Ben Bernanke, Subprime Lending, Financial Transactions Tax, Fiscal Stimulus, Usw, National Bureau of Economic Research, United Steelworkers, Treasury Secretary Henry Paulson, Conventional Wisdom, Recession, Unemployment, James K. Galbraith, Subprime Mortgages, Stock Bubble, Inflation, Deborah Salomon, New York Times, Stock Market, Liar Loans, Bubble Economy, Stimulus Package, Housing Bubble, Business News
Leo W. Gerard

Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."

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