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Europe’s FTT came to Washington this week in the form of a presentation at The Center for American Progress. Dubbed “Now is the Time for a Financial Transaction Tax: European Progress and Prospects for the United States,” the featured speaker was Lithuanian economist Algirdas Semeta, European Commissioner for Taxation and Customs and a leading voice of the FTT.
Semeta came to the U.S., in part, to try and quell the...
Associate Editor John Nichols has been with The Capital Times since 1993 and has become one of Wisconsin's best-known progressive voices. He is the author of seven books on politics and the media and he also writes about electoral politics and public policy for The Nation magazine.
Sequestration threatens to cut vital public services and undermines the economy in order to achieve budget priorities that benefit Wall Street while damaging Main Street....
With the so-called sequestration looming in Washington, an automatic budget cut of $85 billion dollars that would cut jobs, education, environmental protection and more, much more, austerity appears to be alive and well among a range of policy makers. This country needs a new revenue source and can find it in a Robin Hood tax, a tiny sales tax on Wall Street trades that can raise up to $350 billion a year.
Austerity – the path...
A half dozen Robin Hood Tax Campaigners, wearing their signature hats, made their way into a packed room to attend Jack Lew’s confirmation hearing before the Senate Finance Committee yesterday to be the next Treasury Secretary.
Their message to Lew: The Robin Hood Tax should be your first and highest priority. Wall Street received a full recovery many times over from the financial collapse of 2008—trillions of...
