Financial transaction tax is now cool

I'm glad to see some of my favorite stars getting behind an idea that is so smart, simple and timely!

A financial transaction tax will soon take effect in Europe. The UK and US should get on board with it -- thereby discouraging a race to the bottom.

The tax will only affect high-frequency "robot" traders; 99 percent of investors won't even notice it. But it will help restore our countries' fiscal health, and discourage high-speed trading that has no social value.

'The Walking Dead' to Robin Hood: Why screen stars are battling Europe's banks

By Simon Chouffot

February 19, 2014 | CNN

URL: http://edition.cnn.com/2014/02/19/business/harry-potter-to-robin-hood-why-film-stars-are-battling-europes-banks/index.html?hpt=hp_c6