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Forum Post: Pettition to tax speculation

Posted 2 years ago on April 14, 2012, 9:59 p.m. EST by radu62s (8)
This content is user submitted and not an official statement

I started the following petition:

Please, tax speculative financial transactions to help improve the health and stability of our economy and to generate more jobs.

US should impose a tax on speculative financial transactions. Speculative interest makes up the majority of transactions in any financial market artificially inflating the price of hard assets (oil, houses, grain, minerals, materials, etc.) and having a negative impact on real economy. Also, speculation periodically causes asset prices to collapse creating havoc in real economy. A tax on speculation would create incentives for money to be invested in real economy generating more jobs and helping everybody in our society. Please sign it and pass it on http://signon.org/sign/tax-speculative-financial Thank you



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