Susan Harley

🏳️‍🌈 Former Michiganian. In solidarity with Black Lives Matter. I speak for myself but stand up for others.

[Take On Wall St @TakeOnWallSt]

Today, the Senate Budget Committee held a hearing on "Making Wall Street Pay Its Fair Share." @SarahDAnderson1 from @IPS_DC talks about tax two-fers - taxing excessive CEO pay, financial transactions, and stock buybacks - to make the economy more fair and curb excessive CEO pay

[Susan Harley @Susan_Citizen]

Chair @SenWhitehouse deserves a million thanks for exposing all of the ways that Wall Street is able to escape paying its fair share. #MakeWallStreetPay

[Bartlett Naylor @bartnaylor]

Sen Van Hollen stresses need to finalize banker pay reform (Sec 956)

[Susan Harley @Susan_Citizen]

IRS funding! Thanks @ChrisVanHollen for mentioning how important that is. Not only does it ensure people and companies pay what they owe, it helped make Direct File-- free IRS online filing software-- a reality and therefore save folks time and money every year.

[Susan Harley @Susan_Citizen]

You know what would keep the mega wealthy from fleeing to another country to escape taxes? A global tax: https://t.co/t1G9QYbIdT

[Susan Harley @Susan_Citizen]

Many companies do in fact not pay ANY tax because of loopholes and deductions: https://t.co/cyCNjotYxt @iteptweets helps explain why it's the case.

[Susan Harley @Susan_Citizen]

So true that there are diminishing returns for wealth and how much someone is making really matters. #MakeWallStreetPay

[Susan Harley @Susan_Citizen]

Very good to hear the problem of "buy, borrow, die" being discussed in today's Sen. Budget Comm. hearing. Here's more on that: https://t.co/nRN6zEhXBN

[Susan Harley @Susan_Citizen]

A #WallStreetTax is not going to hurt Americans. For middle income families with average mutual fund accounts, the yearly cost of a tax on Wall Street trades would be only $13 per year. https://t.co/FZ5uU2kGVm

[Susan Harley @Susan_Citizen]

Tax avoidance because of multinational tax dodging was made worse through the 2017 Trump tax giveaway law. https://t.co/oI3dkvKAZk

[Susan Harley @Susan_Citizen]

Financial transaction tax in Sweden. Yawn. What a tired argument. Everyone knows that was designed poorly and what about all of the countries that currently have an FTT? https://t.co/2Snb8sL1r3

[Susan Harley @Susan_Citizen]

On the topic of inflation: As Business Insider says, the US economy is “crushing it” compared to other rich nations, with US inflation being the lowest in the G7. https://t.co/hdlaRNpYXp

[Susan Harley @Susan_Citizen]

Money quote from @SarahDAnderson1: "The financial sector can and should pay more."

[Susan Harley @Susan_Citizen]

Yes! We need a sales tax on Wall Street trades. #WallStreetTax #MakeWallStreetPay

[Susan Harley @Susan_Citizen]

We do NOT want to go through another financial meltdown. Excessive executive compensation definitely leads to risk (and other harmful behavior). See this report from @bartnaylor https://t.co/hiSvjfz0aM #MakeWallStreetPay

[Susan Harley @Susan_Citizen]

Equalize capital gains tax and other reforms will do a lot to ensure investors don't pay a lower tax rate than nurses.

[Susan Harley @Susan_Citizen]

Dr. Joseph Stiglitz is so right: taxes definitely are a great way to end incentives for harmful economic behavior. Ex: #WallStreetTax

[Susan Harley @Susan_Citizen]

Stock ownership is still heavily concentrated with the wealthy: https://t.co/cZyvCwGyZT #MakeWallStreetPay

[Susan Harley @Susan_Citizen]

I appreciate Sen. Grassley saying we should reexamine the tax code, but we differ on whether making Wall Street pay its fair share is political. The American people from both sides of the aisle think corporations should not be able to use loopholes to escape paying taxes.

[Susan Harley @Susan_Citizen]

Here is our statement: https://t.co/fQq9u5SXPS #MakeWallStreetPay #WallStreetTax