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Old 10-02-2008, 05:20 AM   #9
godfry n. glad
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Default Re: Bail-out questions

One suggestion that has been floated around here is a "securities transaction tax" of 0.25%, which has been estimated at producing in the realm of $100 billion a year.

That way, Wall Street could pay their own way out of the mess they got themselves into.

Here's an interesting analysis I picked up from a blog run by a tax law professor.

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