Tagged: Financial speculation tax
The Senate should be looking for ways to jumpstart the economy -- but not at the expense of those who suffered the most from the crisis.
In the United States and many countries around the world, there is growing momentum behind proposals to place a very small tax on trades of stock, currency, derivatives, and other financial assets.
A May 17 rally in Washington, DC brought more than a thousand people into the streets, calling for a "financial speculation tax" as part of a broader financial reform agenda.
From Australia to Canada, activists are taking to the streets in cities around the world this week to hold the financial sector accountable for the costs of the global crisis.
More on BP, the merits of cultural boycott, and steps toward financial reform.
Lawmakers will need to consider financial speculation taxes in the next round of the fight to rein in Wall Street.