Rep. Defazio, in his less than infinite wisdom, has submitted a bill, H.R. 1068 on 2/13/2009 impertinently named 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.
Resources
The Bill can be found on loc.gov
NY Times columnist Herbert wrote for the concept
Barrons, on the other hand ....
You can track the bill on govtrack.us
You can find your representative here
Ways and Means Committee membership
There's a thread on elitetrader about it.
A discussion by noted Trader Tax authority Robert Greene (pdf)
A white paper (white wash?) on transaction taxes by Center for Economic and Policy Research (pdf)
Proposed letter to congressmen (thanks Champ, Huddy ?) 2/17/09 pdf
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