Scott Walker Proposes Tuition Tax to Fund Wall Street

Presidential hopeful Scott Walker unveiled a new plan today that would provide funding for Wall Street by using money raised from new college tuition fees.

The Wisconsin Governor said Tuesday that the supplemental source of cash would fuel domestic economic growth by enabling investors to put more money into the markets.

"Many investors currently have to use their own money, or money derived from the profits made from previous investments, to purchase stocks, bonds and other assets," Walker pointed out.

Walker stated that the proposed tax, which would add 3% to the cost of tuition for all students attending public colleges and universities, could raise about $10 billion dollars per year for Wall Street.

"What we're asking America's youth here is to make a small sacrifice for their country's future, to help make America great again," Walker said, "by at least helping to offset what the investor community spends on pets and liquor."

Walker's plan constitutes a more modest version of a similar plan proposed by Ted Cruz, which would tax seniors receiving Social Security $1,000 every year they choose to stay alive after their 75th birthday.