We’re going to change this one day. I can feel it in my bones.
Jacobin
 @jacobin
24 May 2021
Bernie Sanders and Barbara Lee want to tax Wall Street transactions. Corporate America's lobbyists are fighting them tooth and nail. A new report explains why the sector so rarely has to swallow its own political defeat. jacobinmag.com/2021/05/wall-…

May 24, 2021 · 6:43 AM UTC

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Replying to @marwilliamson
Democrats need to be careful of becoming the 'I never met a tax I didn't want to raise' party. That's NOT Progressive.
Replying to @marwilliamson
This is wrong-headed. Taxing transactions isn't a tax, it's a fee. A result of more regulation. Too much regulation disincentives new investors. Raise the Capital Gains tax. At least this is consistent with taxing income.
Replying to @marwilliamson
Not if but when.
Replying to @marwilliamson
What you feel in your bones is hard-core Marxism. Stop wanting it or be very sorry about what you wish for.
Replying to @marwilliamson
They have trillions in bribe money to throw around, how much do you have?
Replying to @marwilliamson
Their transactions should be taxed ... why not ... our transactions are taxed ... we pay sales taxes ... excise taxes ... property taxes ... income taxes ... etc., etc ... so why not a transactions tax! ... And for that matter ... how about a wealth tax and an inheritance tax!
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Replying to @marwilliamson
I wish I had your optimism
Replying to @marwilliamson
The moral arc of the universe bends towards justice
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Replying to @marwilliamson
I too know you’re correct. 💪🏽❤️
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Replying to @marwilliamson
My optimism is fading fast.
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