Financial Transaction Tax Archives

Op-Ed/Commentary

CryptoFinancial Transaction TaxUnited StatesWall Street Crypto Meltdown is a Great Time to Eliminate Waste in Bloated Financial Sector

If our politicians actually had any interest in economic efficiency, they would be engaged in an all out push to downsize the financial industry and free up hundreds of billions of dollars for productive uses.

Dean Baker / November 14, 2022

Op-Ed/Commentary

Affordable Care ActEnvironmentFinancial Transaction TaxGlobalization and Trade The Bitcoin Transactions Tax

The Bitcoin market gives a great laboratory for experimenting with financial transactions taxes.

Dean Baker / June 23, 2021

Op-Ed/Commentary

Affordable Care ActEconomic Crisis and RecoveryFinancial Transaction TaxWall Street Financial Transactions Taxes: The Perfect Way to Pay for Biden’s Infrastructure Package

The bottom line is that Biden’s investment plan addresses longstanding needs in the country ... A financial transactions tax is a great place to look for some of the offset.

Dean Baker / May 02, 2021

Op-Ed/Commentary

Financial Transaction TaxInequality The GameStop Game and Financial Transactions Taxes

This episode should help us to see the stock market with open eyes. Much of what takes place there is clearly gambling. We let people gamble in other contexts, but we tax it. There is no reason we shouldn’t tax it on Wall Street.

Dean Baker / January 29, 2021