With Congress about to begin the next cycle of budget battles – mostly focused on how much more pain to inflict on Main Street communities across America – a far different message is bubbling up across the land.
Rep. Jim McGovern, representing Massachusetts’ Third Congressional District, has been a stalwart opponent of the Iraq and Afhanistan Wars. He has served in Congress since 1997, and is a senior member of the Rules Committee. He is also a member of the PDA Advisory Board.
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Simply put, the big idea behind the Robin Hood Tax is to generate hundreds of billions of dollars. That money could provide funding for jobs to kickstart the economy and get America back on its feet. It could help save the social safety net here and around the world. And it will come from fairer taxation of the financial sector.