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.

    http://www.landlinemag.com/todays_news/Daily/2009/July09/072709/073009-02.htm

    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.