Friday, March 28, 2014

Cut Wall Street Down To Size - Enact A 1% Wall Street Sales Tax

United Front Against Austerity
Progressive Gazette
March 28, 2014

Austerity is a vicious spiral from which there is no automatic escape.

The current sequestration process, cutting everything from early childhood education to scientific research, is only the beginning.

This policy is not based on any principle of economics, but on Wall Street's intent to sacrifice American working families to their own insatiable greed for more money and power.

As the experience of World War 2 shows, the only way out is a New Deal.

We must cut Wall Street down to size, provide better protections and resources for the people, and rebuild the real economy of infrastructure, industry, agriculture and Main Street.

The first punch we need to land to initiate this process is a 1% Sales Tax on Wall Street's stocks, bonds and derivatives. They caused the economic depression - Make Them Pay!

Read more: