Wall Street Speculation Tax
BACKGROUND MATERIALS
- The Need for a Tax of Financial Trading (NY Times Editorial Board, Jan. 2016)
- The Incidence of Financial Transaction Taxes (Center for Economic and Policy Research, Dec. 2015)
- FAQs on Financial Transaction Tax (IPS, Jan. 2015)
- FTT Talking Points (AFR, April 2014)
- Statements of Support (CEPR, July 2013)
- A Wall Street Trading Tax Could Actually Save Grandma Money (CEPR, Nov 2013)
- Non-technical and more technical answers to questions about the EU transaction tax proposal (European Commission, Feb. 2013)
- Quick Thoughts on the Obama Administration’s Opposition to a Financial Speculation Tax (Dean Baker, Nov 2011)
- Why We Need a Financial Speculation Tax (AFR, November 2011)
- Facts and Myths About the Financial Speculation Tax (Dec 2010; Updated May 2013)
- Responses to Criticisms of Taxes on Financial Speculation (Dean Baker, Jan 2010)
- A Matter of Perspective: Added Costs From a Financial Transaction Tax Would Be Minuscule Compared to Fees Investors Already Pay (Public Citizen, Mar 2014)
- Financial Transaction Tax: Myth Busting (Hillman D. and Ashford C., Stamp Out Poverty, 2012)
VAN HOLLEN PROPOSAL (JAN. 2015)
LETTERS AND STATEMENTS
- Letter to Senate Opposing Bill to Undermine European Financial Transaction Tax (AFR and 36 Co-signers, July 23, 2013)
- Statement of Support for “The Wall Street Trading and Speculators Tax Act” (AFR, Feb 28, 2013)
- Financial Professionals Call for Speculation Taxes on Financial Transactions (AFR, June 2012)
EVENTS
- Moving Toward a Wall Street Tax (Capitol Hill briefing. Sept. 26, 2014)
- Wall Street Speculation Tax (webinar hosted by AFR, AFL-CIO, Center for Economic and Policy Research, Communications Workers of America, Main Street Alliance, Public Citizen, June 10, 2013)
- A Financial Transaction Tax: Raising Revenue and Restraining High-Speed Trading (Capitol Hill Briefing sponsored by Senator Tom Harkin, Representative Peter DeFazio and the Populist Caucus)
- Conference Call Briefing: Financial Industry Support for Financial Speculation Taxes (AFR, June 21, 2012)
BILLS AND BUDGETS
- Harkin-DeFazio: Wall Street Trading and Speculators Tax Act (Text)
- Harkin-DeFazio: Wall Street Trading and Speculators Tax Act (Summary)
- Ellison: Inclusive Prosperity Act (Text)
- Congressional Black Caucus Alternative Budget for FY 2015
- Congressional Progressive Caucus Better Off Budget for FY 2015
EDITORIALS AND OPINION
- How to Avoid Another Wall Street Tsunami (Jeff Furman, Fortune Magazine, 8/4/14)
-
The Most Popular Tax in History Has Real Momentum (Katrina vanden Heuvel, The Nation, 5/5/14)
- Derailing the High-Speed Trading Bullet Train Before It Crashes Our Economy (Sarah Anderson, Huffington Post, 5/5/14)
- How Wall Street Avoids Paying Its Fair Share in Taxes (Marcus Stanley, US News, Apr. 16, 2014)
- High-Frequency Trading Rigs Markets (Editorial, Livingston Daily, Apr. 16, 2013)
- Wall Street Needs to Pay Its Fair Share (Jim Lardner, US News, Mar 12, 2014)
- A Wall Street Trading Tax Could Actually Save Grandma Money (Nicole Woo, CEPR, Nov. 7, 2013)
- Really Small Wall Street Tax Could Make a Really Big Difference (Jim Lardner, US News, Aug 23, 2013)
- 5 Reasons Why The U.S. Needs A Financial Transactions Tax (Travis Waldron, ThinkProgress, Feb 25, 2013)
- Inequality Is Holding Back the Recovery (Joseph Stiglitz, New York Times, Jan 19, 2013)
- Why the Economy Needs Tax Reform (New York Times, Dec 29, 2012)
- Tax the Traders! It Would Solve Economic Crisis and Stop Reckless Trading. (Eliot Spitzer, Slate, Dec 3, 2012)
- 4 Ways Wall Street Can Ante Up for Fiscal Health (Sheila Bair, Fortune Magazine, Nov 19, 2012)
- High-Frequency Trading Insanity (USA Today, Sep 26, 2012)
- Things to Tax (Paul Krugman, New York Times, Nov 27, 2011)
- Quick Thoughts on the Obama Administration’s Opposition to a Financial Speculation Tax (Dean Baker, CEPR, Nov. 2011)
- Why We Need a Financial Transactions Tax (John Fullerton, Huffington Post, Aug 25, 2011)
- Transaction Tax Works Against Deficits, Financial Recklessness (Boston Globe, Jan 29, 2011)
- Proposed Tax May Help, Not Hurt, Small Investors (The Wall Street Journal, Jan 19, 2010)
- Responses to Criticisms of Taxes on Financial Speculation (Dean Baker, CEPR, Jan. 2010)
- Taxing the Speculators (Paul Krugman, New York Times, Nov 26, 2009)