This is not to say that the FTT is the end-all solution to budget deficits.  But this does support the argument that it should be seriously considered, along with the other options, when policy makers and the media discuss deficit reduction.

As long as there is idle money on Wall Street, Mammon will continue to enslave the 99% and cause huge financial problems for the nation. In the 1950's, the USA had the largest increase in GDP and middle class growth because the top rate impeded endless, unregulated casino gambling on Wall Street - it is far past time we go back to those economic policies.