Miami Beach - that's where I grew up in a middle-class Jewish family led by my maternal grandfather. Me my great-grandmother - a Holocaust survivor who was my roommate - my grandparents my mom and her brother all shared a four-bedroom house.

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We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue bring some sanity back into the financial sector and give us a way to raise the revenue we need to run the government in a fiscally responsible way.