# Professor Eduardo Dávila weighs in on Senator Bernie Sanders' proposed financial transaction tax

1 Faculty News October 2, 2015 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2015/10/03/your-money/a-tax-to-curb-excessive-trading-could-be-a-boon-to-returns.html) -- "[Eduardo Dávila](http://www.stern.nyu.edu/faculty/bio/eduardo-davila), an assistant professor of finance at New York University’s Stern School of Business who has studied these taxes, issued an additional important reminder: All too often, these discussions forget about the good that the new tax revenue could do. In this instance, Senator Sanders wants to use it for free public college education."

[Read more](http://www.nytimes.com/2015/10/03/your-money/a-tax-to-curb-excessive-trading-could-be-a-boon-to-returns.html)