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Progressives should know a financial transaction tax would hurt average Americans

Progressives should know a financial transaction tax would hurt average Americans
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Sanders unveils plan to make college free — paid for by new Wall Street tax

Sanders unveils plan to make college free — paid for by new Wall Street tax
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KGO ABC World News Tonight With David Muir February 25, 2020 01:45:00

Sweeping plans, including medicare for all and free college tuition. do you have a price tag for all of these things? no, i don t. we try to no. you mentioned making public colleges and universities tuition-free and canceling all student debt, that s correct. that s what i want to do. we pay for that through a modest tax on wall street speculation. but you say you don t know what the total price is, but you know how it s going to be paid for. how do you know it s going to be paid for, if you don t know how much the price is? well, i can t you know, i can t rattle off to you every nickel and every dime. some of the questions from 60 minutes last night. eva pilgrim, as you know, the big debate tomorrow night. last time mike bloomberg taking most of the incoming fire, but tomorrow night, bernie sanders could very well face new heat, now that he s the true front-runner. and the moderates divide up the rest of the vote, sanders now moves forward. reporter: that s right, da ....

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Detailed text transcripts for TV channel - MSNBC - 20190626:18:16:00

College? no, how we will pay for it will be clear. it will be a tax on wall street. ten years ago we bailed out wall street whose recklessness and illegal behavior caused the worst economic downturn in the modern history of this country and they received trillions of dollars of help from the taxpayers of this country. i think now it is wall street s turn to help the middle class and working families of america by ending student debt for our people. and that is just an incredible burden. you cannot believe the number of people i talked to and saying, bernie, i paid off, you know, thousands of dollars a year. i can t afford to get married, i can t have a kid, i can t have a house because for paying out this outrageous level of student debt. this younger generation, kasie, for the first time in the modern history of america will have a lower standard of living than their parents. and i want to end that. so the people who are going to pay for this, this is a tax on wall street speculatio ....

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Detailed text transcripts for TV channel - FOXNEWS - 20190624:17:20:00

Colleges and university tuition free. the big question of course would be how would he pay for it? sanders says that wall street should foot the bill. our proposal, would cost 2.2 trillion over ten years, will be fully paid for by a tax on wall street speculation, similar to what exists in dozens of countries around the world. the american people bailed out wall street, now it is time for wall street to come to the aid of the middle class of this country. bernie sanders plan goes further than what elizabeth warren is proposing, her plan would erase most, but not all student loan debt and paid for by the wealthy, not wall street. let s start with a wealth ta tax. two stands on the top one-tenth of 1%. we can cancel student loan debt for 95% of the folks who have i ....

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