We need a Financial Transaction Tax
RootsAction is reporting:
News from France: Conservative President Nicolas Sarkozy announced this weekend that he would take the lead in introducing a Financial Transaction Tax in his country.
Referring to the tax as a “moral issue” and blaming deregulation and speculation for the global economic crisis, Sarkozy has said financial traders must “repay for the damage they have caused.”
The 1% has been waging class warfare — and winning — for several decades. It’s time to restore some balance.