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Tuesday, January 13, 2015

Taxes

News                                                                                                                             
Market Watch | Transaction-tax plan brings fresh Wall Street battle to Capitol Hill
A top House Democrat said Monday he wants a broad new plan to bolster the middle class to be paid for in part by a fee on financial transactions, a proposal that brings a fresh battle over Wall Street to Capitol Hill.

Econ Comments & Analysis                                                                                            
National Review Online | Time for the 0–10–100 Tax 
Under the new GOP Congress, the future looks bright for fundamental tax reform. So Republicans and thinking Democrats should embrace my modest proposal: The 0-10-100 Tax Plan.
Forbes | The Problem With Van Hollen's Financial Transactions Tax Is That It Won't Raise Any Revenue
Various parts of the left have got themselves all into a tizzy of joy over Rep Chris Van Hollen’s suggestion of a Financial Transactions Tax (FTT) on Wall Street. There’s one really serious problem with such an FTT: it won’t actually raise any revenue.