Broad coalition calls for tax on Wall Street risk taking
Last week, Public Citizen and several of its coalition partners held a news conference in support of a tax on financial speculation. The tax is a very small levy on financial short-term transactions, which will curb excessive speculation by big banks, but with a minimal impact on long-term investors. The tax could raise more than $100 billion year for the U.S. Treasury. You can see the entire news conference in the videos above and below. Or you can visit our YouTube page to see clips of the individual speakers.