libertad
Registered: Apr 2004
Posts: 3353 |
11-07-09 08:57 PM
Quote from FightTheFuture:
In 1968, the City of Philadelphia levied a small transaction tax on all shares traded on the Philadelphia Stock Exchange, which caused the Exchange to move to Bala Cynwyd, immediately outside Philadelphia, until the tax was rescinded.
http://financial-dictionary.thefree...Transaction+Tax
It would be even easier for exchanges to move today.
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1000% correct....
An exchange today is just electronic time stamp software....
These computers can be anywhere....
Hopefully Switzerland, Monaco, Hong Kong, Taiwan, Singapore....
Anywhere but the US or UK....
FUCK THESE POLITICAL IDIOTS......
BATS could move anywhere.....AND SHOULD....
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