Rashida Tlaib Urges Financial-Transaction Tax

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By Alexander Osipovich 

Rep. Rashida Tlaib (D., Mich.), a member of the so-called “squad” of firebrand progressives in the House, is calling for a financial transaction tax to rein in risky stock trading and to redistribute wealth. “The majority of Americans support taxing Wall Street transactions,” she said at Thursday’s hearing on the GameStop trading frenzy. “This tax, to me, would discourage risky and high-frequency trading.” 

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By Alexander Osipovich, posted on Thursday February 18, 2021
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