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Financing of Universal Heath Care and/or Health Reform With A High Frequency/Proprietary Trading Transaction Tax

Created by S.A. on October 06, 2012

Large Financial Institutions have been granted a de facto tax payer subsided monopolistic franchise to operate in the United States. Therefore they have a responsibility to the American People. It is proposed that all financial institutions involved with high frequency trading, proprietary trading, payment processing including banks, wall street firms, Visa and MasterCard, etc pay a 10 Cent per transaction fee into our healthcare fund to cover every American. This fee must not be able to be passed onto anyone ever. It will generate enough revenue to pay for every dollar spent for healthcare annually. It will cover every American, stimulate the economy, increase corporate profits and reduce the risks of flash stock market crashes and enhance financial stability.

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