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.

3 comments:

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

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    Replies
    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.

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

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