Catholics United Members Call on Speaker Boehner to support the Vatican backed Financial Transaction Tax Bill

Posted November 18, 2025

Congress is considering drastic cuts to programs that serve the poor and vulnerable. And at a time when so many Americans are financially hurting, big Wall Street firms make billions of dollars a year simply by gambling on the market. Ordinary Americans are being asked to make a great sacrifice. Now it's time to ask Wall Street to pay its fair share.

The Financial Transaction Tax -as outlined in HR 3313- will levy a modest .03% tax on all financial transactions and will mostly affect the wealthiest corporations that wager millions of dollars a day on the market. This tax will help guarantee that Wall Street banks share in the sacrifice that so many American families are being asked to make.

And Catholics United members are not the only ones supporting this idea. This past month, the Vatican issued a statement in support of financial transaction taxes as a way to ensure that the financial industry better serve the common good. So to help make our point clear, we're asking the Speaker of the House and fellow Catholic, John Boehner, to heed the advice of the Vatican and support this much needed source of revenue.

If we can get enough signatures, we'll hand deliver them to the Speaker's office and we'll be sure to invite the media to join us.


Will you sign the petition to Speaker John Boehner?


For more information about the Financial Transaction Tax Bill, Click Here.