Oct 9, 2011

A great evil lurks in the heart of Wall Street. It is echoed in the heart of Washington. That evil arises from the absurd notion that profits earned outside the United States should not be fully taxed when they enter the domestic books of United States companies. It is perhaps equally absurd, in the face of the sentiment behind Occupy Wall Street and similar...

Aug 28, 2011

I like the idea expressed in http://economix.blogs.nytimes.com/2011/08/22/a-sales-tax-on-wall-street-transactions/ I like this idea. It raises the per transaction cost of Wall Street speculation. I’d like to see these new sales tax revenues being dedicated to paying off the national debt. Maybe the Wall Street sales transaction fee goes away when the...