On the recordMarch 8, 2021
I know that CBO projects the FTT would result in a $43 billion, almost $44 billion first-year net loss of tax revenues and would immediately lower the value of financial assets.
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congress.govThom Tillis: “I know that CBO projects the FTT would result in a $43 billion, almost $44 billion first-year net loss of tax revenues…”
Editor's note · Context
Discussing the financial transaction tax's projected negative impact on tax revenues and asset values.
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