solihosts.blogg.se - Countries with a financial transaction tax

The Pope, billionaires Bill Gates and Warren Buffet, Ralph Nader, Nobel laureate economists and the AFL-CIO are among many who support the idea. We are not alone in seeking a financial transaction tax. That’s why RNs with National Nurses United, the largest union of registered nurses in the country, with 170,000 members, are going beyond their bedside roles and are fighting to Tax Wall Street with a financial transaction tax. We hear the heartbreaking stories and witness how economic stress hurts people’s health – increased heart attacks, mental health issues, and anxiety. Nurses see the devastation the economy has caused in the lives of their patients every day. It could fund 9 million new jobs that pay an average of $38,844 a year or save 1.7 million homes from foreclosure. Think of how that could help our country.

Return to the Main Street Campaign here.

Watch: Nurses attend C-SPAN Debate on Financial Transaction Tax.

Get this historical Chart Book for an economic overview of America.

That’s a tax of one-half of one percent but it adds up to big money - up to $350 billion a year. Our proposal is for a small tax of 50 cents on every $100 of Wall Street trades and other transactions. It’s like the sale tax you pay when buying a pair of shoes.

We have a simple idea that can help: Add a sales tax on Wall Street trades of stocks, dividends and other financial transactions. It’s why people are taken to the streets in the Occupy movement in cities across the country. Millions of the unemployed can’t find jobs, and many have given up. College students are drowning in debt before graduation. Large banks and other Wall Street firms raided our economy, leaving millions of Americans to suffer.

The FTT (Financial Transaction Tax) - a Wall Street Tax to Heal America