The Big Banks Can Be Beaten

The Big Banks Can Be Beaten

When the 2008 financial crash slammed the New York City construction industry, Maribel Touré’s husband lost his job as an architect. On top of that, Maribel suffered a serious accident. But what really plunged the family into financial trouble was sending their...
Wall Street Should Pay a Sales Tax, Too

Wall Street Should Pay a Sales Tax, Too

In case there was any doubt, the presidential election fight has confirmed that blasting Wall Street, even eight years after the financial crisis, is still a vote-getter. Hillary Clinton has said she’d like to jail more bankers. Donald Trump has skewered the hedge...
European Victory on Taxing Speculation

European Victory on Taxing Speculation

Cross-Posted with the Huffington Post European campaigners for a financial transaction tax have done some awfully goofy things over the past three years. At one French demonstration, they stripped down to their skivvies to emphasize the small size of the tax (0.1% on...

[VIDEO] Why a Financial Transaction Tax?

Sarah Anderson discusses on The Real News how a 0.25% tax on financial transactions could raise $150 billion a year in the United States. See the full transcript on The Real News...
Emerging Economies Join G20 Coalition to Tax Speculation

Emerging Economies Join G20 Coalition to Tax Speculation

Talk about piling on. Bill Gates, the Pope, Michael Moore, the Archbishop of Canterbury, 1,000 parliamentarians, 1,000 economists, the world’s major labor leaders, Occupy Wall Street protesters, Oxfam and other major development groups, thousands of nurses, the...
Obama: If You Can’t Lead Then Get Out of the Way

Obama: If You Can’t Lead Then Get Out of the Way

In December 2008, in the eleventh hour of two weeks of intense negotiations over the future of a global climate deal, negotiators sat exhausted and exasperated as the team from the United States moved to block a temporary agreement. Visibly frustrated, the lead...
Gates Backs the Wall Street Tax at the G20 Summit

Gates Backs the Wall Street Tax at the G20 Summit

The world’s second-richest man and a group of American nurses on the frontlines of the Occupy Wall Street protests came to the G20 summit in Cannes, France this week to advocate for the same thing. Bill Gates came because French President Nicolas Sarkozy asked...
Tax Wall Street to Heal America

Tax Wall Street to Heal America

National Nurses United, America’s largest union of RNs, is sounding an alarm. We’ve organized rallies in New York, Boston, Washington, Los Angeles, Chicago, San Francisco, and Las Vegas, as well as in Minnesota, Michigan, Texas, Florida, and other states...
Taxing the  Wall Street Casino Fact Sheet

Taxing the Wall Street Casino Fact Sheet

Governments around the world are struggling to deal with the crushing problems of joblessness, poverty, and climate change. A financial speculation tax (also known as a financial transactions tax) is the best option on the table to raise the massive revenues needed to...
Cut Wall Street Down to Size With a Financial Speculation Tax

Cut Wall Street Down to Size With a Financial Speculation Tax

If you want to transform the economy, you have to cut Wall Street down to its proper size. One way to do that is to tax the short-term speculative activities that dominate and distort financial markets. For ordinary investors, the costs would be negligible, like a...

Financial Transaction Taxes and the Global South

Click here for a printer-friendly version of this fact sheet: Financial Transactions Taxes and the Global South. Spanish version: Impuestos a las Transacciones Financieras y el Sur Global. 1. What is a financial transactions tax (FTT)? A very small tax on each trade...

Taxes and the Common Good

When Jesus invited the tax collector Zacchaeus down from his sycamore tree, did they sit in the shade and discuss capital gains rates and oil depletion allowances? We’re missing some transcripts that could serve as an ethical guide to our current tax debates....

U.S. Groups Join Global Call to Tax Speculators

Dear President Obama, We, the undersigned faith, labor, environmental, health, education and development organizations, write to urge you to join with French President Nicholas Sarkozy and a growing number of other world leaders and members of Congress in support of a...