Daniel Crowley

Daniel Crowley is research associate at the Competitive Enterprise Institute.

Financial Transaction Tax Would Hit Main Street, Not Just Wall Street

 

When progressives were defending the Department of Labor’s fiduciary rule governing retirement accounts, they consistently praised the regulation for encouraging investment in low-cost index funds. Yet at the same time, many of them are backing a tax that would impose heavy costs on middle-class savers who invest in these funds. “Invest in low-cost index funds, then leave it alone,” advised […]

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