Election Result: Wealth transfer to the wealthy will get speed up

http://www.alternet.org/economy/5-facts-about-how-america-rigged-massive-wealth-transfer-rich

A recent posting detailed how upper middle class Americans are rapidly losing ground to the one-percenters who averaged $5 million in wealth gains over just three years. It also noted that the global 1% has increased their wealth from $100 trillion to $127 trillion in just three years.
The information came from the Credit Suisse 2014 Global Wealth Databook (GWD), which goes on to reveal much more about the disappearing middle class.
1. Each Year Since the Recession, America's Richest 1% Have Made More Than the Cost of All U.S. Social Programs
In effect, a reverse transfer from the poor to the rich. Even as conservatives blame Social Security for being too costly.
2. Almost None of the New 1% Wealth Led To Innovation and Jobs

5. Ten Percent of the World's Total Wealth Was Taken by the Global 1% in the Past Three Years

Solution: A Financial Transaction Tax (FTT)
More appropriately called a Financial Speculation Tax, it would help to limit the speculative trading that contributed to the financial meltdown in 2008.
The FTT has extraordinary revenue-generating potential, on a global scale. The Bank for International Settlements reported in 2008 that annual trading in derivatives had surpassed $1.14 quadrillion. Just one-tenth of one percent of that is a trillion dollars.
It's also a fair tax. While average Americans pay up to a 10% sales tax on shoes for the kids, millionaire investors pay a zero sales tax on financial purchases. They pay just a .00002% SEC fee (2 cents for every thousand dollars) for a financial instrument.