Testifying before Congress, Lou Gerstner, former IBM CEO, proposed an 80% tax that would diminish speculative excess.This idea would be as radical as Glass Steagall and perhaps as effective.
Testifying before Congress, Lou Gerstner, former IBM CEO, proposed an 80% tax that would diminish speculative excess.This idea would be as radical as Glass Steagall and perhaps as effective.
Tags: financial crisis, fiscal policy, Glass-Steagall, taxation
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