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How long will it take for Americans to wake up and place a 1% tax on the over $5 Quadrillion annual turnover o?

Would Placing a 1% tax on the over $5 Quadrillion annual turnover on Wall Street be the basis for forming a New Political Party?

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  • Anonymous
    8 years ago

    consider the fact that now computer programs automatically make hundred million dollar buy and sell orders is less than 1/100 of a second all day long to "pump" profits for the big financial institutions it would be a great idea

    one simple solution make ALL transaction be entered by a human.

    strictly regulate financial manipulations

    return the Stock market system to it Original purpose of raising capital for investment and expansion

    1% is quite high and would inhibit the economy but 1/1000 or 1/10,000 would serve the purpose very well

    Source(s): educated adult, Capital investor, retired and depends on stock growth for income
  • 8 years ago

    That would almost solve our debt problems in and of itself.

  • 8 years ago

    unfortunately, we cannot tax the government

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