Robert Reich
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Robert Reich (journalist) | |
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Member of | American Herald Tribune, Rhodes Scholar/1968 |
A Document by Robert Reich
Title | Document type | Publication date | Subject(s) | Description |
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Document:Why Isn’t Everyone In Favour of Taxing Financial Speculation? | report | 19 April 2016 | George Osborne George W. Bush David Cameron European Union George H. W. Bush Wall Street Jeremy Corbyn Hillary Clinton 2016 London mayoral election Donald Trump Bernie Sanders 2016 EU Referendum | Bernie Sanders wants to tax stock trades at a rate of 0.5 percent (a trade of $1,000 would cost $5), and bond trades at 0.1 percent. The tax would reduce incentives for high-speed trading, insider deal-making, and short-term financial betting. Sanders’ 0.5 percent tax could thereby finance public investments that enlarge the economic pie rather than merely rearrange its slices – like tuition-free public education. |
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