Press Releases

PRESS RELEASE — San Francisco Will Join National Protests Calling for Wall Street Tax During G20 Nations Conference in France

November 2, 2011

On Thursday, November 3rd, the Chinese Progressive Association will participate in a national day of action with nurses, students, community groups, and the Occupy SF movement to call for a Wall Street Financial Transaction Tax (FTT). Actions will occur in San Francisco and Washington DC, as leaders of the G-20 nations meet in France to decide global economic policies that will impact our communities. As the richest 1% and corporations continue to reap the benefits of an unfair economic system that gives them 43% of our nation’s wealth, the 99% are demanding that Wall Street pay its fair share. A Wall Street Financial Transaction Tax (FTT) can raise up to $350 billion per year in the U.S. to provide living wage jobs, guaranteed healthcare, a secure retirement for all, quality public education, good housing and protection from hunger. Read More