A small tax on financial transactions would raise tens of billions of dollars a year and curb dangerous high speed trading. Support for a transaction tax is growing in the US and around the world. The European Union recently proposed a tax of 10 cents per $100 of securities transactions, and 10 cents per $1,000 of derivatives transactions. France and Germany have already endorsed this proposal. The European Union forecasts that this tiny tax will raise some $70 billion annually.

Find out more about this new approach to raising revenues and stopping destabilizing and unproductive financial speculation.

Featuring:

• John Fullerton – Former Managing Director, J.P. Morgan Co. and Founder and President of Capital Institute
• Damon Silvers – Director of Policy and Special Counsel, AFL-CIO
• Dean Baker – Co-Director, Center for Economic and Policy Research
• Frédéric Doré – Minister Counselor, Deputy Chief of Mission at the French Embassy to the United States

Sponsored by Senator Tom Harkin, Representative Peter DeFazio, Congressional Populist Caucus

Presented by: Americans for Financial Reform, AFL-CIO, The Center for Media and Democracy, the Institute for Policy Studies, and The Center for Economic and Policy Research

RSVP to erin@ourfinancialsecurity.org