The Ramifications of a Robin Hood Tax
September 24, 2012 at 08:59 AM EDT
Chief Justice John Marshall, in 1819, once described policymakers’ great influence, remarking, “The power to tax involves the power to destroy.” With rising fiscal deficits and a desperate need to raise revenue, many nations have come up with various tax solutions to raise billions of dollars. One hotly contested idea in the U.S. and Europe [...]