I have never heard of section 31. Maybe you can provide the link. As for inheritance tax the inheritance ( as an one time expense ) has nothing to do with the capital turnover and it's taxation which is at the heart of economic system. And besides as we all see taxes are part of legislation and the legislation should be governed by the constitution as the supreme law. If it's not there then the constitution is incomplete. 16th amendment talks about taxes.
+1 scenario : 1 Obama sign... 2 the american people / senat say no... 3 The world says that americans are bad, they don't want to save the planet, which is wrong... 4 they use UN forces/ or other soldiers ( private ) to stop the dissident of science... 5 the Us don't fall but is economically ruined, so no more pollution, even depopulation etc... 6 all of this will never happen since the resources are exponential ie the Earth is not flat AND round ( Orange//tomato )
Stock Transaction Tax: Yet another Tax Increase http://blog.heritage.org/2009/12/04/stock-transaction-tax-yet-another-tax-increase/
Marla Singer--The Transaction Tax Is Harmful http://www.zerohedge.com/content/transaction-tax-harmful Lots and lots of comments
heads up on ny time letters they still have not run so far as i see the responses to krugman's piece backing the tax http://www.nytimes.com/2009/11/27/opinion/27krugman.html?_r=1 in case anyone wants to try to chime in You know supporters letters will be printed the times loves the tax.
Someone knows the current nominal value of all the bids in all the word markets and all the asks, stocks, futures, options, fx, spot in a instant T, and how it fluctuate trough the days ? The US open must be really impressive... This only argument is I think strong enough to protect the market.
I am not talking about comments--they are closed as you say. I am talking about letters to the editor. The Times is still very influential, like it or not.
The $100,000 trade limit mentioned in the bill - can anyone clarify if this is per transaction limit or if it is an annual limit?
http://www.google.com/hostednews/afp/article/ALeqM5gC27peq0XTopAHP1C9ktzL9pbNZw Finally Germany speaks out on its stance on the tax since the g20 in september. The minister stressed that such a tax was not part of an agreement between his party and Merkel's conservatives when they formed a coalition government after elections in September. "There will therefore be no tax in the course of this term in office," Niebel added.