'The real burden gets placed on the savings community,' Kirsten Wegner, CEO of the Modern Markets Initiative, told Markets Insider.
A new study from the Modern Markets Initiative shows how much a financial transaction tax — like ones proposed by Bernie Sanders and Kamala Harris — would cost those saving for college and retirement. The study outlines how much 529 college savings plans, university endowments, public pension funds, 401 plans, and IRAs would owe annually under a financial transaction tax.
A new study from the Modern Markets Initiative shows how much a financial transaction tax — like ones proposed by Bernie Sanders and Kamala Harris — would cost those saving for college and retirement. The study outlines how much 529 college savings plans, university endowments, public pension funds, 401 plans, and IRAs would owe annually under a financial transaction tax.
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