If someone on this board happens to live in one of these three Congresspeople's districts, please give them a call of support. I can imagine they...
Wonderful! :)
This might be a dumb question, but has the conservatives in the UK addressed this tax? In other words, do we know for sure that they oppose it?
So what? Bush/Paulsen also stated that they supported a strong dollar. You didn't hear them talk about a transaction tax, did you? lol
Thanks. Very interesting insight. Geithner has stated that he publicly opposes it (which would imply that Obama also opposes it). Do you know if...
It is a different world today than it was 30 years ago. People didn't depend on on 401ks for their retirements for example. A transaction tax...
My take is that the concern should be reversed. The Dems control the House and there is no filibuster in the House. So, it is probably more likely...
The tax will have the effect of putting most, if not all, discount brokers out of business. Furthermore, with reduced liquidity. the bid/ask...
It is apples and oranges to compare the UK to the proposal here in the US. The UK tax is filled with so many exemptions that you simply can't...
Would it be OK if we waited until 2012 when the next election takes place?
I agree. At least per the article, Schumer was portrayed as being against this tax. Thus, it has zero chance of passing as long as the Dems have...
If I understood him correctly (which is not a sure thing), his advice was to move the money from a bailed out bank to either a credit union or a...
I wish we would be treated the same way as the tobacco industry. The last time I checked that industry is doing just fine. Heck, MO had operating...
You could say same the same thing about Las Vegas and the gambling industry. You could say the same thing about pro-sports. You could say...
But what is a small investor? Where draw the line?
Well, neither does the gambling in Las Vegas. Or how about pro sports? And just because a company produces a tangible product doesn't mean...
By the way, if Sen. Schumer is indeed against this, then it will not be adopted as long as all of the Republicans in the senate stay united in...
I'm glad to hear about Schumer. If people have a chance, try calling them instead of e-mailing them. I have been told it has a bigger impact.
It provides liquidity. Without liquidity you will have bigger spreads. With bigger spreads, all investors will be hurt. Why not learn from...
I don't think your assumption is correct. They do intend to tax on value of every transaction, not the profit therof. Here's a quote directly...
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