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Donald Trump Owes At Least $315 Million To Financial Firms, Some Of Which Are Lobbying The Federal Government
Commander in debt
New financial disclosure documents show the president owes 10 creditors at least $315 million — and possibly more than a half-billion dollars.
The Financial Transaction Tax or as some call it “The Robin Hood Tax”, is a small transaction Tax on Financial Speculation of Wall Street Banks, it is this tax that Senator Bernie Sanders proposed would pay for Universal Tuition Free College up the PhD level, this tax set at 0.5% will easly cover the cost and would not add a cent of taxation to anyones Individual Income, the United States had a similer tax to this from 1916 to 1966 even during four Conservative Republican Administrations (Harding, Coolidge, Hoover, Esienhower).
HR 676 has written into it the implementation of this Tax to partially pay for Medicare For All.
There should be an emphisis on that a Financial Transaction Tax is not a Tax on Individual Income, but a Tax on Speculation.
Valid Arguments against implementing a 1 percent Financial Transaction Tax on Wall Street, stoping Corrporate Tax evasion and decreasing the Defence Budget and using the Revenue to make education from Pre-K to muliple PhDs tuition free for All?,