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Jill Stein Puts Financial Transactions Tax Front And Center At Northampton Church

The only part of the tax program that she mentioned is a financial transactions tax, which she characterized as making Wall Street pay a sales tax.  A “tiny tax” of 50 basis points would pay for free college education for everybody.  Much of the rest of the program would be financed by cutting the defense budget in half.  With the Green New Deal making us 100% renewable, there will not have to be any wars for oil.

So that’s the first tax story from the event. The financial transactions tax is front and center on the Green agenda.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.