MGMT 5123 Week 4 Discussion: Bernie Sanders wants to raise a lot of money from Wall Street. Mr. Sanders’s plan isn’t to ask Wall Street for money 

Discussion Board: Please support your answers and cite/list sources using the APA style and 200 words or more.

The Wall Street Journal (Feb.13, 2016) says,

“Bernie Sanders wants to raise a lot of money from Wall Street. Mr. Sanders’s plan isn’t to ask Wall Street for money. It’s to demand it in the form of a financial-transaction tax. Proponents claim the tax would collect tens of billions of dollars, discourage speculative and high-frequency trading, and make markets safer and less volatile. Its opponents say the revenue estimates are overstated and the tax will actually make markets more volatile.”

Would it really raise tax revenue and make markets less volatile or would make markets more volatile?

Please support your answers from chapters of the textbook assigned to this week and using one additional source discussing this particular issue or a similar case. Cite/list sources using the APA style.

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Course: MGMT 5123 Finance & Accounting for Non Finance Managers
School: Southern Wesleyan University

  • 07/11/2017
  • 2
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