Saturday, February 13, 2010

The Robin Hood Tax

The fact that it features Bill Nighy (definitely Netflix the original UK miniseries "State of Play"-- forget the pale US theatrical release) is just one of dozens of reasons why this video is awesome.

For an economic analysis of how a 0.5% financial transaction tax in the U.S. could raise $100 billion per year, (even assuming reductions in trading activity due to the tax) while also curbing speculation, check out this briefing paper from the Center for Economic and Policy Research:
PDF pdf_small | Flash flash_small

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