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RJ Erffmeyer
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I do not believe that legitimate concerns over financial wheeling and dealing can simply be chalked up as "envy". As the current economic recession has shown, risk-taking is not the equivalent of value-making. So, why not implement a simple a tax on financial transactions? Such a tax will not only raise much needed revenue in a pragmatic fashion, but will have the added benefit of discouraging high-frequency traders and other brazen financiers from making unnecessary transactions and profiting off of the friction of the market.
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Feb 2, 2012