Friday, August 12, 2016

Why A Tax On Financial Transactions Makes Sense

Robert Reich, for whom I have a great deal of respect, offers this succinct explanation:

You can read more about this issue, also often referred to as the Tobin tax, here.


  1. He makes a compelling case which, for Robert Reich, is invariable.

    1. One of the frustrations I find in listening to Reich, Mound, is the knowledge that his unassailable logic will invariably be ignored by the powers that be.

  2. Yup, it surely will. Which further demonstrate's Gilen's and Page's point that America has transformed from democracy to oligarchy.


I seem to be having problems receiving comments right now, so if you have sent something, know that I am not ignoring you.