Posted by
Defend America on Monday, December 07, 2009 3:55:48 PM
Pelosi Endorses ‘Global’ Tax on Stocks, Bonds, and other Financial Transactions
Monday, December 07, 2009
By
Matt Cover, Staff Writer
(CNSNews.com) – House Speaker Nancy Pelosi (D-Calif.)
endorsed the idea of a “global” tax on stock trades and other financial
transactions, saying the estimated $150 billion in annual revenue from
such a tax could be used to help fund more stimulus spending.
At her weekly press briefing on Thursday, Pelosi said the financial
transactions tax (HR4191) currently before Congress would have to be
made “global” to keep U.S. investors from taking their business
overseas and out of taxable reach.
http://www.cnsnews.com/news/article/58099