Tax on Wall Street Speculation
Congresswoman Barbara Lee and Senator Bernie Sanders Introduce #Tax on #WallStreet #Speculation
"Since 1985, Wall Street bonuses have surged by 1165%. It is past time for Wall Street to pay society back for the incredible damage it did in 2008—and continues to do. The Tax on Wall Street Speculation Act would enact a financial transaction tax of 0.5% on the trading of equities, 0.1% tax on the trading of bonds and 0.005% on the trading of derivatives. Economic analysis has estimated that it would raise $220 billion per year."
https://lee.house.gov/news/press-releases/congresswoman-barbara-lee-and-senator-bernie-sanders-introduce-tax-on-wall-street-speculation-act-of-2023
"Since 1985, Wall Street bonuses have surged by 1165%. It is past time for Wall Street to pay society back for the incredible damage it did in 2008—and continues to do. The Tax on Wall Street Speculation Act would enact a financial transaction tax of 0.5% on the trading of equities, 0.1% tax on the trading of bonds and 0.005% on the trading of derivatives. Economic analysis has estimated that it would raise $220 billion per year."
https://lee.house.gov/news/press-releases/congresswoman-barbara-lee-and-senator-bernie-sanders-introduce-tax-on-wall-street-speculation-act-of-2023
Congresswoman Barbara Lee and Senator Bernie Sanders Introduce Tax on Wall Street Speculation Act of 2023 | Barbara Lee - Congresswoman for the 12th District of California
Congresswoman Barbara Lee of California's 12th Districtlee.house.gov