Posts tagged ‘financial transaction tax’

Will the U.S. Be Seeing a Financial Transaction Tax Anytime Soon?



This month, Iowa’s soon to-be retired Senator Tom Harkin and Oregon Senator Peter DeFazio are planning to reintroduce their bill for a so-called Tobin tax. The Tobin tax is named after –wait for it—the economist who theorized it – James Tobin. In the 1970s, Tobin developed the idea for a…

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