Peter,
The still incomplete work I've done on just this question is in:
"Main Street vs. Wall Street: Taxing the Big Casino," (with Dean Baker and
Marc Schaberg), The Nation, May 9, 1994, pp. 622-24.
A much more detailed version is well along, but awaits some final
touches.
-- Bob Pollin
>1. Does anybody have an estimate of the daily value in dollars of stock,
>bond and other financial transactions, excluding new issues, in the United
>States. This would include the various stock market, futures, bond
>markets, etc. I am trying to estimate the tax revenue from a 1% tax on
>these transactions, somewhat analogous to Tobin's idea of a tax on
>foreign currency transactions.
>
>Are there any objections from the left to this type of tax? I realize to
>get it passed would be very difficult and would be directly going up
>against capital?
>
>2. Does someone have the address, telephone number, e-mail and Web site for
>the Citizens for Tax Justice in D.C.? Please send it to me!
>
>Thanks, Peter Bohmer
>
>
*******************************************
Robert Pollin
Department of Economics
U. of California-Riverside
Riverside, CA 92521-0427, USA
(909) 787-5037 ext. 1579 (office); (909) 788-8106 (home)
(909) 787-5685 (fax); [EMAIL PROTECTED] (e-mail)
