A “Robin Hood” Tax, supported by top Democrats – Am I dreaming?

 Robin Hood Tax
Read this and smile: According to John Nickols of the Nation magazine, “top Democrats are serious about addressing income inequality have long recognized that the United States needs a Robin Hood Tax—a charge on financial transactions proposed by campaigners who have argued since the Wall Street meltdown of 2008 that banks, hedge funds and the rest of the financial sector should pay their fair share to clear up the mess they helped create.”  According to this idea we would “follow the lead of European countries that have developed financial-transactions taxes … an Inclusive Prosperity Act as an alternative to the destructive austerity agenda of Republicans and some centrist Democrats.”
 

 

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