Pelosi: Wall Street Tax Has 'Great Deal of Merit'

Reuters: The tax would have a “really minimal impact on the transaction, but a tremendous impact on helping us meet our needs,” U.S. House of Representatives Speaker Rep. Nancy Pelosi (D-CA) said.



Pelosi has previously said the tax would have to be imposed internationally to keep Wall Street business from going overseas. Backers of the tax say they have crafted their bills to ensure that businesses would not migrate overseas.