An out-of-control Wall Street crashed the U.S. and world economies a few years ago, but they have never been held accountable for the damage they caused, and in fact the recession is being used to justify austerity cuts to critical public programs that we all depend on. We know that restored revenues would allow the government to meet public needs while stimulating the economy.
Democratic socialists believe that we need to tax Wall Street for the 99%!
Sign our petition to make to Wall Street pay their fair share, jump start the economy and fund critical safety net programs, by creating a tax on the trading of financial assets - often called a “Robin Hood” tax.
I stand behind HR 1579, the Inclusive Prosperity Act, because I know this country has the ability to fund critical social programs and stimulate the economy, if we just follow the money. The proposed tax is small, but because of the high volume of speculative trades on Wall Street, it would generate $350 billion annually.
Jump start the economy by making Wall Street pay their fair share!