“It’s really profoundly immoral to talk about things like cutting Medicare when this policy measure sits in front of us,” AFL-CIO Director of Policy Damon Silvers told an audience of congressional staffers and others at a November 30 briefing on the financial transaction tax.
Lisa Donner, Executive Director of Americans for Financial Reform, moderated the event, which took place against a backdrop of intense debate over the so-called “fiscal cliff.” With federal tax rates at a half-century low and Washington hunting for revenue, a financial transaction tax needs to be “part of the conversation and on the table,” Donner said.
- Why We Need a Financial Speculation Tax
- Statements of Support
- Harkin DeFazio in Brief
- USA Today Editorial
- Eliot Spitzer op ed
- Jared Bernstein post
A FINANCIAL TRANSACTION TAX:
Raising Revenue and Restraining High-Speed Trading
A briefing sponsored by Senator Tom Harkin, Representative Peter DeFazio,
and The Populist Caucus
FRIDAY, NOVEMBER 30, 3:30PM
Capitol Visitor Center, Room SVC 203-02
Presented by: AFL-CIO, Americans for Financial Reform, Center for Economic and Policy Research, Communications Workers of America, and Public Citizen