MB Civic

FAIR ..

where is the Robin Hood tax in the media discussion about increasing revenues? Almost nowhere, it turns out .. The most extensive discussion came on the Washington Post’s op-ed page, in a December 2 column by veteran activist Ralph Nader, who wrote that “both sides are unwilling to consider a minuscule tax on financial transactions that could be a major source of income.” .. The amount of potential revenue, Nader pointed out, makes a transaction tax a more attractive option than other fiscal proposals that receive significantly more coverage. One thing is certain: It is decidedly unpopular among the “Fix the Debt” CEOs who many in the press consider important voices in the discussion of the nation’s finances–and are the people who bankroll political careers. So it’s understandable that politicians aren’t eager to talk about this. What’s the media’s excuse?

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