And a string of resurfaced comments has recently caused trouble for the campaign during a 2008 interview, Bloomberg linked the financial crisis to the end of redlining, the discriminatory mortgage-lending practice targeting black Americans.Įarlier this month, Bloomberg introduced a plan to raise $5 trillion in tax revenue from the wealthiest Americans and corporations, to partially roll back the tax cuts under Trump, and to raise the top marginal tax rate on income. Still, Sanders has gone a lot further than Bloomberg, as the Vermont senator has proposed breaking up the biggest banks on Wall Street.īloomberg has encountered backlash from progressives arguing that the billionaire is using his personal fortune to fund his way to the White House. Elizabeth Warren and former Mayor Pete Buttigieg have also endorsed the idea of a tax on Wall Street transactions. The latter last year cosponsored a House bill to slap the tax on securities transactions and curb high-frequency trading. Im too lazy to verify my associate comp numbers, but Im almost certain glassdoor. The inclusion of a 0.1% tax on every stock and bond traded echoes proposals from Sanders and Ocasio-Cortez, underscoring the Democratic Party's shift to the left in the decade since the 2008 financial crisis. should have a decent number of underwriting salaries reported.
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