News For years, Oregon Congressman Peter DeFazio has been the primary sponsor of a bill that would impose a tax on certain stock transactions in excess of $100,000 a year as a way of balancing the budget and targeting speculators. The current version of the bill, HR 3313, or "The Wall Street Trading and Speculators Tax Act, faces opposition from Wall Street, which has never viewed DeFazio as sympathetic.But ... More
