Proposal for Financial Institution Tax to Offset Costs of 2008 Crisis

Proposal for Financial Institution Tax to Offset Costs of 2008 Crisis

I discuss the 2008 global financial crisis that cost the European Union over 4.6 trillion euros, or approximately over 6 trillion dollars. We propose a tax on financial institutions to hold them accountable and prevent taxpayers from solely bearing the cost of the crisis. This tax would be easy to enforce and difficult to evade, as all financial transactions are recorded. However, we expect strong opposition to the implementation of this tax.

https://youtube.com/shorts/He8I1aioQpo?si=5z_WwNrLkFpXr-ev

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