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A Wall Street tax that could lift many out of poverty already exists — it’s just not being collected

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“Imagine if there were a tiny tax that Wall Street traders were required to pay on every stock trade. Enacting such a thing might sound like a long and difficult political fight against a moneyed caste. Yet astonishingly, it turns out that it already exists in the state of New York — it’s just not being collected. To the contrary: Wall Street is being refunded the tax money.”

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