Could taxing the Wall Street traders & bankers more be a solution to the "fiscal cliff" threat?


james tobin, capitalist economist, came idea of "financial transaction tax" in 1990s cure money going speculative finance in us, , little money going retail , wholesale marketing, manufacturing, , non-financial parts of service economy.

tobin's notion of "financial transaction" raise of revenues government needs reduce yearly deficits , growing national debt?

, tax on wall street transactions put in place in way encouraged rather discouraged job creation in rest of economy?

james tobin, capitalist economist, came idea of "financial transaction tax" in 1990s cure money going speculative finance in us, , little money going retail , wholesale marketing, manufacturing, , non-financial parts of service...


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