Urge your networks to call members of congress and ask them to co-sponsor HR 6411, The Inclusive Prosperity Act, by this Friday, September 21!
The Robin Hood Tax introduced by Keith Ellison (D-MN) as the Inclusive Security Act is a specific tax on the trading of stocks, bonds, derivatives and currency. It can be seen as a sales tax on Wall Street trading. When passed the legislation will impose a tiny tax of 0.5% on the trade of stocks (equal to 50 cents on the purchase or sale of $100 worth of stock with lesser amounts on bonds and derivatives. This tax has the potential of raising up to $350 billion annually – money that could be used to meet human needs here in the U.S. and around the world.
Please spread the word, and help to pass this important legislation. Ask your contacts to:
- check the Library of Congress to see if your member of congress is already a cosponsor, and if so, thank them.
- If not, call and email members of Congress today and ask them to co-sponsor HR6411.