How New York City could solve all of its fiscal problems

11 years ago

New York City Mayor Bill de Blasio wants to raise taxes on New Yorkers earning over $500,000 a year. A nice start. But New York could solve all of its problems with a $50 per transaction stock tax on the New York Stock Exchange. Take that money and use it to modernize the schools, infrastructure, public housing.

Ted Rall

http://rall.com

Ted Rall is a syndicated political cartoonist for Andrews McMeel Syndication and WhoWhatWhy.org and Counterpoint. He is a contributor to Centerclip and co-host of "The Final Countdown" talk show on Radio Sputnik. He is a graphic novelist and author of many books of art and prose, and an occasional war correspondent. He is, recently, the author of the graphic novel "2024: Revisited."