A Wall Street Sales Tax is a step toward a fairer tax code. Ordinary people pay sales taxes on all manner of goods and services, yet no such taxes apply to Wall Street actors when they buy and sell financial securities. A Wall Street Sales Tax — also known as a financial transaction tax, speculation tax, or Robin Hood tax — is a small fee of a few cents per $100 that would be imposed on transactions in stocks, bonds, or derivatives. If legislation establishing such a tax were passed, the ...
