Comment: We need a 1% Wall Street sales tax

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We need a 1% Wall Street sales tax

We need a 1% Wall Street sales tax on all securities trades. Banks make thousands of computerized trades a second rigging the market. Make them pay! Why should a homeless man have to pay sales tax on a new wheel for his shopping cart when Warren Buffett doesn't pay sales tax on the next company he buys? An asset tax on all billionaires to pay off the entire national debt? Maybe not such a bad idea.