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Nurses Protest in 60 Cities, Demanding Tax on Wall Street

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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-04-11 10:01 AM
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Nurses Protest in 60 Cities, Demanding Tax on Wall Street


http://www.commondreams.org/headline/2011/09/03-0

Tax Wall Street

National Nurses United led the demonstrations, the latest leg of the unions campaign for a Main Street Contract. The nurses are calling on politicians to enact the contract in order to stimulate the economy and get people back to work. Its centerpiece is a half-percent federal tax on Wall Street transactions, which the union says could generate up to $350 billion a year. (Stock and bond transfers and derivative trading would be targeted; common transactions like 401k contributions would not.)

This is a sales tax on the business Wall Street does, said NNU co-president Jean Ross. It would disincentivize the extreme gambling they do.

The union sees that money as a down payment on all kind of priorities: keeping millions of people in their homes, funding schools, restoring environmental protections, providing Medicare for all, and bolstering Social Security.
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-04-11 10:11 AM
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1. k&r - hadn't heard about this, thanks for posting it. nt
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-04-11 10:23 AM
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2. K&R Once again, nurses helping others. n/t
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Generic Other Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-04-11 10:27 AM
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3. Great idea
Pay for the privilege to do business here! Best idea ever.
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