Ralph Nader isn't nearly the first guy to suggest a financial transactions tax. I can't really see a downside to it. Like he said, you buy anything else in life and there's sales tax on it. Yet you can buy $100 million in stocks and there's none. Why? Because uber-rich capitalists, not wage earners, write our tax laws.
By Ralph Nader
November 30, 2012 | Washington Post
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