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Home Publications Reports The Deficit-Reducing Potential of a Financial Speculation Tax

The Deficit-Reducing Potential of a Financial Speculation Tax

January 2011, Dean Baker


While a number of commissions and organizations around Washington have produced plans for reducing the projected deficit in the decades ahead, most have not included a financial speculation tax (FST) in the mix. This seems peculiar since an FST has several features that could make it attractive as a revenue source.

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