Economic Update: Finally a Tiny Sales Tax On Stocks

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[S11 E11] Finally a Tiny Sales Tax On Stocks

On this week's show, Wolff talks about the taxing of CEO pay in the US, the immoral and self-defeating vaccine policy, and LeBron James speaking out on social issues. On the second half of the show, Wolff interviews attorney James S Henry on the struggles for a stock transfer tax in New York, the US and globally.

**Economic Update with Richard D. Wolff is a @Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at democracyatwork.info/donate or become a patron of Economic Update on Patreon: https://www.patreon.com/economicupdate. Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff's message is critical.
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About our guest: James S. Henry is a leading economist, attorney, investigative journalist, and activist with a strong focus on tackling global justice issues like tax justice and the climate crisis.

In the private sector, Mr. Henry has served as Director of Economic Research (chief economist), McKinsey & Co.; VP Strategy, IBM/Lotus Development; Business Development Manager, Chairman's Office (Jack Welch), GE; and Senior Consultant, Monitor Company.

In the public sector Mr. Henry is a Global Justice Fellow at Yale, where he teaches a seminar on "Global Justice Problems." He is also a Senior Fellow at Columbia University's Center for Sustainable Investment, a Senior Advisor to the Tax Justice Network (2005-) and a Board Member of Amnesty International USA. He has also been an active pro bono environmental and constitutional lawyer in New York’s EDNY.
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Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now! www.democracyatwork.info/books

"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges

Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democracyatwork
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SOURCES FOR SHOW SEGMENTS:

Taxing of CEO pay:
- Bloomberg.com
- Aflcio.org
- Civilbeat.org

Vaccine policy:
- Medicalxpress.com

Lebron James on social issues: Bleacherreport.com
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