Could a transaction tax work

A transaction tax with a sliding scale on stock trades of say, a top level of 5% would clear the deficit, the black hole and provide money for public services without taxing the wealthy (who would complain) or corporations (who would complain) or penalising the poor. Labour could do this for two months and the country would get back on its' feetBecome a supporter of this podcast: https://www.spreaker.com/podcast/a-quick-one-with-ed-parnell--5948367/support.You can find a whole list of podcasts I do at https://www.edparnell.com/podcasts.htmlPlease at least like. Then, if you feel like it comment. Then, if you are feeling saucy, support.