U.S. Congress - H.R.1068 Let Wall Street Pay for Wall Street’s Bailout Act of 2009
H.R.1068 - Let Wall Street Pay for Wall Street’s Bailout Act of 2009
To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program. view all titles (3)
All Bill Titles
- Popular: Let Wall Street Pay for Wall Street’s Bailout Act of 2009 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program. as introduced.
- Short: Let Wall Street Pay for Wall Street's Bailout Act of 2009 as introduced.
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Bill's Views
- Today: 9
- Past Seven Days: 42
- All-Time: 17,097
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Committees
Official Summary
2/13/2009--Introduced.Let Wall Street Pay for Wall Street's Bailout Act of 2009 - Amends the Internal Revenue Code to require securities trading facilities to pay an excise tax on a specified percentage of the value of securities and commodities transactions sufficient to recoup the nOfficial Summary
2/13/2009--Introduced.Let Wall Street Pay for Wall Street's Bailout Act of 2009 - Amends the Internal Revenue Code to require securities trading facilities to pay an excise tax on a specified percentage of the value of securities and commodities transactions sufficient to recoup the net cost of carrying out the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008....Read the Rest
Organizations Supporting H.R.1068
- U.S. Public Interest Research Groups
Organizations Opposing H.R.1068
- Securities Traders Association
- Wedbush Morgan Securities
- Credit Suisse
Recent News Coverage
War Against Wall Street
The proposed House of Representatives' bill-HR 1068: Let Wall Street Pay for Wall Street's Bailout Act of 2009 was born out of taxpayer outrage. ...
Industry Execs Say Trading Tax Has No Legs
The bill-HR 1068: Let Wall Street Pay for Wall Street's Bailout Act of 2009-is heavily flawed, lacks sufficient support on the Hill and has already failed ...
Strong, But Possibly Lethal, Medicine
These members of Congress introduced a bill-HR 1068-to the US House of Representatives' Committee on Ways and Means back in February. ...
Recent Blog Coverage
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HR1068 - OpenCongress
Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as ...
Equal Health Network » Blog Archive » On taxes in HR 676
Completely absurd is the proposal to add the content of HR-1068 to HR-676. The DeFazio bill was designed to require financial-services companies to pay for their federal bailouts over time. That at least had some internal consistency. ...
HR676.org Blog » Blog Archive » Conyers Offices Announces Changes ...
Defazio's H.R. 1068. All revenue from the tax will go into the Program's trust fund. · More specific language on the establishment of global budgets from the Weiner Single-Payer Amendment*For more information, please contact Michael ...
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