It is common sense.
Why?
For the very fact that it needs to be done to fuel the continuing operation of our country and it's needed services.
Why?
Because - living wage employment is being off-shored and the employment that is being created "here" is minimum wage - employment of the service kind - like - fast-food workers, coffee shop workers, grocer store & retail store shelf stockers (not so much cashiers or tellers - as they are being replaced by self serve check-out) etc etc etc.
Minimum wage employment - NOT Minimum Living Wage! Minimum wage = needing public support = Welfare - Aid - foodstamps - clothing allowance - rental housing subsidies - utility subsidies - transportation aid - Medicare/Medicade for the working and not just for the disabled or the retired who are on social security.
Why?
For Business to get away with paying slave labor wages in other countries.
Why?
For Business to Bypass environmental regulations by abusing the environment in foreign countries not-regulated to protect the environment and the people of those countries.
Why?
For Business to bypass the need to provide workers with a safe working environment.
Why?
For business to bypass providing Health Care benefits to their employees.
Why?
For Business to totally drop employees off of the payroll (let the foreign sweatshops worry about having employees).
Why?
For Business Board of Directors, Owners and Executive Officers to take as much as possible out of the business and put it in their own pockets. OH and BTW - Not Pay Taxes On This Monstrously Huge Income as They Are Also Off-shoring This Income into Tax Free Treasure Hoards! Taking money straight out of the country and the rest of the economy.
For The Above Stated Reasons (and more) - wall street transactions need to be taxed!
(more below the fancy pinstriping which might look OK centered on the trunk of my very used car)
Why Should wall street have to be taxed to make up for lost revenue of Living Wage Paying jobs that have been eliminated from our economy?
Well lets disregard the trillions of dollars of public money pumped into wall street to keep it afloat after THEY failed with their criminal practices which caused the economic meltdown in the 1st place - AND re-look at that above statement = "lost revenue of Living Wage Paying jobs that have been eliminated from our economy"
Those business giants which are well represented in the world wide stock exchange ( wall street ) trading houses - Not just mega industrial corp(se)oRATions - but also the Retail Giants and the Financial giants as well as the energy giants. They are all playing the stock trading, commodities trading, futures trading game. All almost exclusively "as the only business" that they engage in "here" in the USA other than sales to a dwindling domestic customer base ( dwindling due to loss of good paying employment) - and these transactions at this point in time do not benefit the whole economy - as real living wage jobs of people employed here in the USA would - NO - these transactions benefit the very few who are in that game = The trading houses and major stockholders = Executive officers - Boards - Owners - as for the large part these transactions do not feed the public coffers as do actual jobs paying individuals DO. Trillions of dollars from this type of business ( ???? REALLY ???? Business ???? REALLY ????) is not recirculated through the economy - as much of it - again - is hidden from taxes in OFF-Shore Tax Havens.
So - I think this makes the TRUTH OF THE NECESSITY OF TAXING WALL STREET - so very apparent - so very STARK.
A Necessity to replace lost income - lost from the majority and taken ( hoarded ) by the very few.
HOW CAN WE ( THE PEOPLE ) ADDRESS NEEDED CHANGE
We The People Need To Get Involved With Starting And Supporting Actions Like = Move to Amend - Official Site
We, the People of the United States of America, reject the U.S. Supreme Court's Citizens United ruling and other related cases, and move to amend our Constitution to firmly establish that money is not speech, and that human beings, not corporations, are persons entitled to constitutional rights.
Move To Amend is an essential action that needs to be successful if we are to get our government back to working FOR The People. BUT it being successful would only be a START. As The People Need To START AND PARTICIPATE in many more such actions - and thereby create a true Democracy. A DIRECT DEMOCRACY THAT HAS PARTICIPATION - THE FULL PARTICIPATION OF THE PEOPLE.