Ellison Proposes Transaction Tax In U.S.: “Many States Around The World Have Them”


Ellison Proposes Transaction Tax In U.S.: “Many States Around The World Have Them”

DNC vice-chairman Rep. Keith Ellison (D-Minn.) proposes a transaction tax in an interview on Monday’s edition of CNN’s New Day.”We do believe that an estate tax is an appropriate thing. If you don’t have one, basically all you do is guarantee an aristocracy where one rich guy passes it on to his kids and so on down the line, but we also believe that there could be something with a transactions tax. The United States used to have one. Many states around the world have them,” Ellison said.

CHRIS CUOMO, CNN: When you look at some of the big …

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