Amidst the new setbacks for public workers across the country, thousands of nurses have staged a protest on Wall Street demanding a new tax on the financial sector. The nurses and other public workers are calling on banking giants to pay a small fee on transactions involving trades, derivatives and other financial instruments as a way to boost public coffers while also curbing speculative actions that caused the nation’s financial crisis. National Nurses United Executive Director Rose Ann DeMoro addressed the crowd.
Rose Ann DeMoro: “Just like working people pay taxes on all of their purchases, that these yo-yos who buy and sell and buy and sell our country should pay a minimum tax on that. That money, that money, can—a very minimum tax could amount to at least $350 billion that can go back to our communities, that can go back to jobs, that can go back to healthcare.”
Among the signs carried by nurses was one reading, “Heal America, Tax Wall Street.”