It's the Financial Speculation Tax, H.R. 6411, but it's become known as the Robin Hood Tax, and it's a very sane tax of 0.05% or less on the transactions and speculative trades of Wall Street.  This includes all transactions involving stocks, bonds, foreign exchange currencies, and derivatives (i.e. futures, swaps and options.)  The amount is way less than a penny, yet it could easily generate enough revenue to end the AIDS epidemic, support other needed medical care, support small businesses, fight climate change, and so on.  What kind of revenue are they talking?  $350 billion per year. PER YEAR! (more…)