Democratic Rep. Introduces Legislation To Tax Risky Financial Transactions

Democratic Rep. Introduces Legislation To Tax Risky Financial Transactions: pMinnesota Rep. Keith Ellison (D), a member of the Congressional Progressive Caucus, will today introduce legislation that would institute a tax on financial transactions, an effort to raise needed revenue while also limiting risky high-speed trading that has increased volatility in financial markets. Ellison’s legislation, The Inclusive Prosperity Act, would levy a 0.5 percent tax [...]/p