New Study Shows Dramatic Revenue Potential from a Wall Street Tax

Silver Spring, Maryland–(ENEWSPF)–January 9, 2012. A robust tax on Wall Street transactions would raise far more revenue – as much as 17 times as much – than more limited proposals, even accounting for the worst case scenarios of reduced trading as a result of a tax.  That’s the findings of an important new research brief from prominent University of Massachusetts Amherst economists Robert Pollin and James Heintz.