Bernie Sanders Wants to Tax Stock Trades to Pay for Free College
The Vermont senator will propose a 50-cent tax on every $100 of stock trades on stock sales.
Senator Bernard "Bernie" Sanders, an independent from Vermont and possible presidential candidate, speaks during a luncheon at the National Press Club in Washington, D.C., U.S., on Monday, March 9, 2015.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Democratic presidential candidate Bernie Sanders wants to take from the rich in order to make public college tuition-free for everyone else.
On Tuesday, the Vermont senator will hold a press conference in the nation's capital at which he will introduce a plan to use a so-called Robin Hood tax on stock transactions to fund tuition at four-year public colleges and universities.