,,iv  #aag? ,,congress  #a/ ,session    
,h4 ,,res4 #bdi  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,m>* #ag1 #bjba,mr4   
,mc,henry 7= himself1 ,mr4 ,huiz5ga1    
,mr4 ,lucas1 ,mr4 ,posey1 ,mr4          
,luetkemey]1 ,mr4 ,/iv]s1 ,mrs4 ,wagn]1 
,mr4 ,b>r1 ,mr4 ,williams ( ,texas1 ,mr4
 ,hill1 ,mr4 ,emm]1 ,mr4 ,zeld91 ,mr4   
,l\d]milk1 ,mr4 ,mooney1 ,mr4 ,davidson1
 ,mr4 ,budd1 ,mr4 ,ku/(f1 ,mr4          
,holl+swor?1 ,mr4 ,gonzalez ( ,ohio1    
,mr4 ,rose1 ,mr4 ,/eil1 ,mr4 ,good5 (   
,texas1 ,mr4 ,timmons1 & ,mr4 ,taylor7  
submitt$ ! foll[+ resolution2 :i* 0     
ref]r$ to ! ,committee on ,ways & ,means
  ,,resolution  ,express+ ! s5se ( !    
,h\se ( ,repres5tatives t ! ,congress   
%\ld n impose a f9ancial transaction tax
 on individuals or m>ket int]m$i>ies 9  
connection ) trades execut$ on !        
,national ,m>ket ,sy/em or alt]native   
trad+ sy/ems4  ,:]eas a ,f$]al f9ancial 
transactions tax w\ld be a new1         
additional tax on top ( already-exi/+   
income taxes1 capital ga9s taxes1 &     

corporate taxes2 ,:]eas a ,f$]al        
f9ancial transactions tax w hurt all    
m>ket p>ticipants1 includ+ ev]yday      
inve/ors :o are sav+ = retirem5t or _!  
*ild's education1 z well z ev]yday      
,am]icans' p5sion funds & sav+s because 
a f9ancial transactions tax is appli$   
ea* "t a transaction is conduct$2 ,:]eas
 /udies h %[n t a typical mutual fund   
inve/or w\ld likely lose multiple ye>s' 
wor? ( sav+s to a #j4a p]c5t ,f$]al     
f9ancial transactions tax1 & c\ld lose  
decades wor? ( sav+s to a #j4e p]c5t    
f9ancial transactions tax2 ,:]eas a     
,f$]al f9ancial transactions tax w cause
 p5sion fund exp5ses to increase & _!   
returns to decrease1 exac]bat+ ! curr5t 
problems ) und]fund$ p5sions & mak+ x   
less attractive = gov]nm5ts & companies 
to (f] p5sion plans2 ,:]eas a ,f$]al    
f9ancial transactions tax w h>m work]   
wages & de/roy ,am]ican jobs by increas+
 ! co/ ( capital & r$uc+ productivity2  
,:]eas a ,f$]al f9ancial transactions   
tax w\ld r$uce liquidity 9 ! capital    

m>kets2 ,:]eas ! ,congressional ,budget 
,(fice has f\nd t a propos$ f9ancial    
transactions tax w\ld imm$iately l[] !  
value ( f9ancial assets2 & ,:]eas n only
 w a ,f$]al f9ancial transactions tax   
sl[ economic gr[?1 o!r c\ntries'        
failures at implem5t+ a f9ancial        
transactions tax demon/rate ! tax w n   
raise expect$ rev5ue & w lead to an exit
 ( trad+ activity = m favorable         
jurisdictions3 ,n[1 !re=e1 be x ,t x is 
! s5se ( ! ,h\se ( ,repres5tatives t !  
,congress %\ld n impose a f9ancial      
transaction tax on individuals or m>ket 
int]m$i>ies 9 connection ) trades       
execut$ on ! ,national ,m>ket ,sy/em or 
alt]native trad+ sy/ems4