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How Fed Can Really Stimulate Economy; Tiny Tax Wall Street Fears
Sunday, September 20, 2015 10:17
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Here is How the Fed Can Really Stimulate the Economy? Prof. Robert Pollin says, beyond the zero interest rate policy, Fed can tax excess reserves and invest in small businesses and municipalities to create 22 million new jobs.
The Tiny Tax Wall Street Fears. A financial transaction tax (FTT) is a tiny charge placed on financial (rather than consumer) transactions. It can range from a dime to fifty cents per $1,000 exchanged. Many countries have particular transaction taxes.
