Contact Your Senator for the 99%
Working familes in Washington, D.C., and Cannes, France (where leaders of the G-20 are meeting), rallied yesterday for passage of a Robin Hood tax on Wall Street. You can join the action by telling Wall Street it’s time to pay its fair share.
The Robin Hood (financial speculation) tax is a tiny pinch that would be felt primarily by high-volume, high-speed traders who deal in stocks, bonds, foreign currency bets, derivatives and other Wall Street financial products. Yesterday, Sen. Tom Harkin (D-Iowa) and Rep. Peter DeFazio (D-Ore.) introduced just such legislation, the “Wall Street Trading and Speculators Tax Act.”
Click here to call your senators in support of a financial speculation tax. If you complete at least one call, we’ll send you a free “I am the 99%” bumper sticker.
With a tax of only a fraction of a penny, we could raise billions to create jobs, lay the groundwork for long-term economic prosperity and help reduce the national debt. The Robin Hood tax also would discourage risky Wall Street speculation and encourage longer-term investments that would strengthen rather than endanger the economy.
Economists, political leaders, religious leaders, business people and civil society groups around the world all support a financial speculation tax. Prominent supporters include Nobel Prize winners Joseph Stiglitz and Paul Krugman, President Nicolas Sarkozy of France, Chancellor Angela Merkel of Germany, Prime Minister Jose Luis Rodriguez Zapatero of Spain, Warren Buffett, George Soros and the Catholic Church.
Click here to tell your senators it’s time to put Wall Street to work rebuilding America for the 99 percent (and get a free “I am the 99%” bumper sticker).
We bailed out Wall Street. We are the 99 percent. Let’s demand that Wall Street pay its fair share to put America back to work and rebuild our economy.