Democrats revive financial transaction tax idea


TOLD YA SO: We hate to be right about this stuff, but our earlier reports that suggested Congress would push a new tax as a result of slumber party Occupation has come back to life: “With the G20 expected to resume its transaction tax debate this week, Representative Peter DeFazio and Senator Tom Harkin proposed a 0.03 percent tax on stock, bond and derivative trades. It would take effect, if adopted, in 2013.” http://bit.ly/sKZFxw

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