Back to Search
Start Over
A small tax on Wall Street could be a big help to US economy.
- Source :
-
Christian Science Monitor . 10/19/2011, pN.PAG. 1p. - Publication Year :
- 2011
-
Abstract
- A modestly higher financial transaction tax, or FTT, could discourage speculation, lead to less price volatility, and encourage long-term investment. One estimate projects such a 'sales tax' on Wall Street may raise $175 billion a year, even if it cut the total number of transactions in half. [ABSTRACT FROM PUBLISHER]
Details
- Language :
- English
- ISSN :
- 08827729
- Database :
- Academic Search Index
- Journal :
- Christian Science Monitor
- Publication Type :
- News
- Accession number :
- 66692143