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Politics

>> TOM HARKIN Latest News

FEB 28, 2013 - Think Progress

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Trio Of Democrats Introduce Legislation To Tax Financial Transactions

A trio of Democratic lawmakers today introduced legislation to institute a small tax on financial transactions, a proposal that would reduce volatility in financial markets and raise substantial revenue for the federal government. Under the plan from Sens. Tom Harkin (D-IA) and Sheldon Whitehouse (D-RI) and Rep. Peter DeFazio (D-OR), financial trades would be subject [...]

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