1/4% Tax on all stock trades pushed in NY Times today

Twitter Facebook - I do not use those. On any other venue I am often making my comments there .

 

"... in principle, including spot currency transactions in a tax "would not necessarily be incompatible with the free movement of capital".

http://reuters.com/article/idUSBREA2H20B20140318?irpc=932

 

http://www.bloomberg.com/news/2014-...tax-derivatives-from-start-lawmakers-say.html

 

Well if they tax spot forex, someone else is going to eat their lunch.

FT has the better article, but I included another link in case some can't access.

http://www.ft.com/intl/cms/s/0/9a8fbf6a-ab89-11e3-aad9-00144feab7de.html#axzz2wPdjAfa9

http://www.dailymail.co.uk/news/art...worlds-financial-center-time-seven-years.html

 

Who's gonna trade FX with this tax that put you in red in the moment you open
a position, this EU loons and greedy pigs gonna learn the hard way..

 

Who's gonna trade FX with this tax that put you in a loss in the moment you open
a position, this EU loons and greedy pigs gonna learn the hard way..

 

At the end of the day, all of the institutions will be exempt. It will be the small, retail traders only that are affected.

 

Yeah this is going to wipe small retail traders in EU.

uhh double post how that happen..

 

They have heft when in agreement with the plans, but as we witnessed last September when the legality was question, it was "non binding" "irrelevant" and "wrong".

This cancer will just not go away.

 

http://www.youtube.com/watch?v=03dWvO961ro