Peter DeFazio

• A Securities Transaction Tax Will Hurt Advisors and Clients

  By Dale Brown, Financial Services Institute  |  October 4, 2012

  Yes, limiting market volatility and increasing government revenue are worthy goals, but legislation imposing a securities transaction tax is the wrong way to reach those goals.

• 

  Lawmakers Push Financial Transaction Tax as Deficit Deadline Nears

  By Melanie Waddell, AdvisorOne  |  November 11, 2011

  With only two weeks left to reach a deal, lawmakers supporting the bill that would levy a tax on financial transactions urged the Joint Select Committee on Deficit Reduction in a Nov. 8 letter to adopt their proposal.

• Rep. DeFazio Aims to Tax Trading

  By Marlene Y. Satter, AdvisorOne  |  October 5, 2011

  Rep. Peter DeFazio, D-Ore., is doing it again—partnering with Sen. Tom Harkin, D-Iowa, to present a bill to tax trades of stocks, bonds and derivatives. The two previously tried in 2009 to propose such a measure, but it failed.