Nurses advocate transaction tax on Wall Street

Christin Nance Lazerus, Chicago Post-Tribune, September 2, 2011 Nurses demonstrated at congressional offices across the country on Wednesday - including Rep. Pete Visclosky’s Merrillville office - to call for a tax on Wall Street. The transaction tax would apply to every trade of stocks, bonds, credit default swaps and derivatives. The United States had such a tax from 1914 until 1966, and politicians have periodically touted reinstating such a tax. Nurses and activists waved their signs that read “Tax Wall Street” to approving honks from passing traffic on Broadway. ... Nurses