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National Nurses United, a union representing nearly 170,000 nurses across the United States, launched a new video this week in support of legislation to create a financial transaction tax. The video is a Twilight Zone-style parody wherein a Wall Street banker keeps running into more and more victims of the crimes he committed that cost people their jobs and homes. Several of the victims call for a financial transaction tax to be implemented, which is the ultimate message of the stylish and humorous video.
As previously reported, a financial transaction tax...
is a tiny pinch that would be felt primarily by high-volume, high-speed traders who deal in stocks, bonds, foreign currency bets, derivatives and other Wall Street financial products.
With a tax of only a fraction of a penny, we could raise billions to create jobs, lay the groundwork for long-term economic prosperity and help reduce the national debt. The Robin Hood tax also would discourage risky Wall Street speculation and encourage longer-term investments that would strengthen rather than endanger the economy.
NNU is one of many organizations calling for the tax to be passed. Supporters of the campaign can sign the NNU petition or contribute to help air the video on television.