Thursday, February 11, 2010

The Tobin Tax

The world's banksters are very worried that the Tobin tax would destroy their standard of living.
It has been estimated that a 0.005% tax on all transactions, as proposed by Tobin, would raise about $160BN annually.

I propose we institute a fund to help out banksters in their hour of need. I am sure the Salvation Army could help.

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