News & Events
Page 1 of 1
"Bloomberg’s new plan to crack down on Wall Street includes financial transactions tax" by Renae Merle
Ian Katz quoted in Renae Merle's Washington Post article, "Bloomberg’s new plan to crack down on Wall Street includes financial transactions tax."
The article reads:
“At first blush, Bloomberg’s proposal seems tough for someone who has made his fortune from the financial services industry,” Ian Katz, an analyst at Capital Alpha Partners, a policy and political research company in Washington, wrote in a note Tuesday. “But he’s running for the Democratic presidential nomination, not to win more friends on Wall Street.”
Even if Bloomberg were to become president, many of his proposals would require the cooperation of Congress and the help of regulators, Katz said. “Many would surely be ditched or watered down,” he said.