DeFazio to introduce new trading tax on oil

Discussion in 'Wall St. News' started by NielsenDK, Jul 31, 2009.

  1. Here we go again, this man is insane.

    DeFazio collected 28 original cosponsors for the bill. He believes a 0.2 percent tax on oil futures transactions could raise $190 billion in six years to help fund a proposed $450 billion authorization bill currently being considered in the Transportation and Infrastructure Committee.