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For the Media

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It's Time to Pass a Wall Street Sales Tax

This week, Senator Bernie Sanders (I-Vt.) and Representative Barbara Lee (D-Calif.) introduced the Inclusive Prosperity Act, which imposes a Wall Street sales tax to generate trillions of dollars in public revenues over ten years to invest in the needs of the American people.
 
The bill would curb risky Wall Street gambling and help prevent the kinds of financial crashes that weaken pensions and gut retirement savings and leave CWA members and millions of others across the country out of work.
 
"Enacting a Wall Street sales tax is the first step toward leveling the playing field for working families," CWA Legislative Associate Elena Lopez said at a press conference with Sanders, Lee, and other unions and allies announcing the introduction of the bill. "Especially at a time when we're seeing companies like AT&T, GM, and Wells Fargo slashing jobs and moving work overseas due to the disastrous Trump tax bill, CWA members are tired of tax giveaways to the 1%. The Inclusive Prosperity Act shows that Congress is changing course. It's time to get this done!"


CWA Legislative Associate Elena Lopez spoke at a press conference along with Senator Bernie Sanders (I-Vt.) and Representative Barbara Lee (D-Calif.) as they introduced the Inclusive Prosperity Act, which imposes a Wall Street Sales Tax to generate trillions of dollars in public revenues over ten years to invest in the needs of the American people.