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General News 9/4/2009 at 12:07 PM EDT

AFL-CIO, Dems push new Wall Street tax by Alexander Bolton

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AFL-CIO, Dems push new Wall Street tax that would entail a 1/10 of 1 percent transaction tax on every stock trade. I had heard this proposed earlier this year and this brilliant idea appears to be gaining some traction. This article lays out a compelling arguement why this would be a win-win for everyone but the top 1%.

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At thehill.com

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Eric Nelson Social Media Pages:

Eric Nelson is freelance writer, an editor at OpEdNews, and a spiritual progressive from Minnesota who has become more politically active. The reasons for this should be obvious to most; rising poverty, a broken health care system, and a growing (more...)

Related Topic(s): Business-Economics; Economy-Economics- US; Government Spending; Labor-Unions; Wall Street; Wall Street; Wall Street, Add Tags

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