MEDIA ADVISORY: Rep. Keith Ellison, NNU’s Jean Ross to Unveil Inclusive Prosperity Act
Media Advisory:
Congressman Keith Ellison
MEDIA ADVISORY: Rep. Keith Ellison to Unveil Inclusive Prosperity Act Outside Capitol
FOR IMMEDIATE RELEASE
April 16, 2013
Press Contacts
Jeremy Slevin– (202) 225-4755
WASHINGTON –Rep. Keith Ellison (D-MN), Co-Chair of the Congressional Progressive Caucus and Chief Deputy Whip, will announce the reintroduction of his Inclusive Prosperity Act tomorrow, which adds a tax of a fraction of a percent on transactions done by Wall Street firms and stock traders. In 2011, 40 countries had a similar tax, as did the U.S. until 1966. This tax would reduce harmful financial market speculation, discourage high-volume, high-speed trading, and slow down the proliferation of ever more complex derivatives.
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