Dear President Obama:
Since much of the blame for our jobless economy falls on the shoulders of Wall Street, why not introduce legislation calling for a .5 percent tax on the trading of all stocks, bonds and derivatives. We can shore up our debt without impacting our growing lower and middle class. Calculations on the revenue are $180 million/year.
Why is this important?
I'm just a working class head-of-household American that is tired of worrying about "small" issues like Social Security and Medicaid. Rather than cut these worthwhile (and dire necessity) programs, why not put a tax on the people who caused much of our economic problems.
