A financial transaction tax is a small tax placed on a specific type (or
types) of financial transactions. The way it is often discussed is a small
tax on each trade of stocks, derivatives, currency, and other financial

Introduction: Ralph Nader Consumer Advocate

– Moderator, Dean Baker Dean Baker is co-director of the Center for
Economic and Policy Research. He s worked as a consultant for the
World Bank, the Joint Economic Committee of the U.S. Congress
– Moderator, Gus Sauter George U. Gus Sauter is the chief investment
officer of Vanguard Group. Sauter has been a trust investment officer
with First Bancorp of Ohio (formerly The First National Bank of Ohio)

Robert Pollin, arguing for the tax – Professor at UMass (Amherst),
Robert Pollin s research centers on macroeconomics, conditions for
low-wage workers in the U.S. and globally, the analysis of financial
markets, and the economics of building a clean-energy economy in the
U.S. Pollin s main research center is the Political Economy Research

Jim Angel, arguing against the tax – Professor James Jim Angel at
Georgetown University has worked at BARRA (now part of Morgan
Stanley) where he developed equity risk models. He has also been
chairman of the Nasdaq Economic Advisory Board and a member of
the OTC Bulletin Board Advisory Committee. He currently serves on
the Boards of Directors of the DirectEdge stock exchanges

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