Save Medicare - Tax Derivatives
The "secret" $600 trillion Derivatives market that most Americans have never heard of can solve this serious National Debt problem. It is a market 40 times the size of the US stock market ($17 trillion).
When consumers buy a pair of shoes or a television set they pay a transfer fee called sales tax. When hedge funds or investment banks trade billion dollar Derivatives contracts they pay no transaction fee. It is not fair.
A transfer fee on Derivatives would raise $500 billion per year on trades which take place in the United States ($5 trillion in 10 years). It would affect less than 1% of the American population and be directed at those who can most afford it.
See www.howtopayoffthenationaldebt.com for more info.