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Peter DeFazio for Congress

Tell Congress: Tax Wall Street Speculation to Protect our Economy!

To the U.S. Congress:

The reckless speculative trading on Wall Street has crashed our economy before – a nightmare for our seniors and working families – and if we don’t take action, it could very well happen again.

Congress can prevent future financial crises by giving big banks and hedge funds a disincentive to engage in risky speculative transactions. By passing a 0.03% transaction tax, we can rein in the abuses of Wall Street and raise $417 billion to fund our schools, rebuild our infrastructure, and create a better life for all Americans.

Wall Street has had its day – now it’s time for Main Street to come FIRST! We call on Congress to pass the Putting Main Street FIRST Act to tax speculative transactions and protect our economy from Wall Street’s recklessness.

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