Posted by
Defend America on Wednesday, November 25, 2009 4:20:28 PM
Democrats push $150B stock tax on Wall Street
By Silla Brush
-
11/24/09 12:05 PM ET
A House bill still being drafted aims to raise $150 billion each year to pay for new jobs.
Under a bill being drafted by Democratic Reps. Peter DeFazio (Ore.)
and Ed Perlmutter (Colo.), the sale and purchase of financial
instruments such as stocks, options, derivatives and futures would face
a 0.25 percent tax.
The bill, a copy of which was obtained by
The Hill, is titled the “Let Wall Street Pay for the Restoration of
Main Street Act of 2009.”
http://thehill.com//homenews/house/69295-dems-push-wall-street-150b-stock-tax