Where's that link again, to write your state's senator/congressman? That's something I remember filling out months ago. I'm also adding "if you support the transaction tax bill I will not vote for you in your upcoming election, nor will my family members - thanks in advance for your opposition to this punitive tax, which would inhibit active trading and market liquidity". thx, k
There's a piece about a new proposed tax being broadcast on CNBC @ around 2:30. Will probably be online later in the day.
Baker's theory is that "if you're going to double your money on a stock, a little trading tax won't keep you from buying"... IDIOTS!!!!!! AUGH!!!!!!!!!!!!!!!!
Some guy named Baker was arguing for a "little tax", and the Opponent whose name I can't recall was a frigging apologist. The trial balloon figure now is 1/10 of 1%. Someone on this thread predicted that one. We are in deep shit.
I am thinking "killing the goose that layed the golden egg." Financial services makes up such a huge part of the economies of places like NYC and Chicago, it is not even funny...
Check out the 2:30 video when it becomes available. Erin sounds like she's for the tax. If a CNBC anchor doesn't vehemently oppose such a tax, and in fact seriously considers its positives, we are as good as dead.
Shuuuuutup chicken little.. "Some guy named Baker" Do some damn research at the beginning of the thread and see who STARTED this whole conversation a year ago with his NY Times article on the Trader Tax..... it was uhhhh duhhhhhhh some uhhhh guy name Baker.
"One viewer just emailed and said we should impose the 1/4% tax and have that pay for healthcare" Whooo wrote that in? Stock_Trad3r?
Every day we all should pound this station with emails explaining how this tax is bad, starting with squawkbox@cnbc.com (and every other program *@cnbc.com) until these dolts realize that such a tax would eliminate their jobs.