{"id":2551,"date":"2021-03-25T14:39:14","date_gmt":"2021-03-25T18:39:14","guid":{"rendered":"https:\/\/americancompass.beckandstone.com\/wall-street-trading-tax-gets-conservative-groups-unlikely-tout\/"},"modified":"2022-11-07T14:41:07","modified_gmt":"2022-11-07T19:41:07","slug":"wall-street-trading-tax-gets-conservative-groups-unlikely-tout","status":"publish","type":"post","link":"https:\/\/americancompass.org\/wall-street-trading-tax-gets-conservative-groups-unlikely-tout\/","title":{"rendered":"Wall Street Trading Tax Gets Conservative Group\u2019s Unlikely Tout"},"content":{"rendered":"\n<p>A conservative think tank is throwing its support behind proposals long associated with progressives like Elizabeth Warren and Bernie Sanders: taxing stock trades and breaking up Wall Street investment banks.<\/p>\n\n\n\n<p>Washington-based American Compass argues such measures are necessary to undo the economic damage caused by decades of excessive speculation and not enough sustainable investment. The <a title=\"Text\" href=\"https:\/\/americancompass.org\/essays\/speculating-wall-street-investment\/\" target=\"_blank\" rel=\"nofollow noopener\">plan<\/a> was released Thursday by founder Oren Cass, a former Bain &amp; Co. management consultant who worked on Republican Senator Mitt Romney\u2019s presidential campaigns.<\/p>\n\n\n\n<p>\u201cInvestment means actually building something for the future that enhances our prosperity, but most of what we call investment isn\u2019t that at all,\u201d he said in an interview. Cass, 37, said he wants to lay \u201cthe groundwork for what a kind of post-Trump conservatism should look like.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daniel Avis highlights American Compass&#8217;s\u00a0We&#8217;re Just\u00a0Speculating Here collection and proposals to reign in the growth of &#8220;non-investment&#8221; in the U.S. economy.<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tec_requires_first_save":true,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","footnotes":""},"categories":[14],"tags":[23],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - 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