Those who advocate for a 1% "transaction" tax, e.g. 1% paid on every deposit, or else on every withdrawal, have been labelled conspiracy nuts. The real reason for the opposition may just happen to be that the banks, and other major multi-national entities, structure their selfish selves so that they pay tax of about 3 orders of magnitude LESS than 1% tax, and so they don't want a 1000 fold increase to the taxes they pay. Setting aside for a moment of course that the constitutional monopoly on "money power" which is supposed to be held by the government was taken from "we the people" at gunpoint (at least I am aware this is the case in both USA and Australia). And setting aside the criminal nature of modern demoncratic so-called "representative" governments. And setting aside all sorts of other problems. http://sputniknews.com/europe/20160121/1033512218/goldman-sachs-backs-brexit... extract: "The banks paid little or no tax in the country despite reporting billions of dollars in sales and profits, it was revealed through a Reuters investigation. Combined, the banks with a total workforce of 33,000, earned revenues of US$31bn (£20.9bn, €28.4bn) and raked US$5.3bn in profits from the UK in 2014. However, the total corporation tax they paid for the period was a meagre US$31m or 0.001% of their revenues. "