Financial Transaction Taxes: A Fact Sheet
Published on:
October 10, 2019
Issue:
A Financial Transaction Tax is a Retirement Tax Which Harms Working Americans, the US Capital Markets and Individual Investors
In this fact sheet, we use independent studies, an analysis from the U.S. Congressional Budget Office and failed case studies to demonstrate:
- Fact: The tax would harm investors and decrease retirement savings
- Fact: What’s bad for the capital markets is bad for the economy
- Fact: Revenue generated is below expectations and investor costs are high
