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Taxing Finance: The Importance of an FTT

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By Bill Barclay

RobinHoodTax.org

Yes, as through this world I’ve wandered
I’ve seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen.

[But] You won’t never see an outlaw
Drive a family from their home.

– Woody Guthrie, Ballad of Pretty Boy Floyd

By Bill Barclay

Why should finance be taxed? There are several good arguments. First, there is the issue of justice: the financial sector was the driver of the 2008 financial panic and subsequent Great Recession. They should pay.

Source: Taxing Finance: The Importance of an FTT