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

Discussion in 'Taxes and Accounting' started by seasideheights, Jan 13, 2009.

  1. chart ...
     
    #3581     Dec 6, 2009
  2. jksn922

    jksn922



    From what I've seen and read, there are no Republicans that would support this. On the Democrat side, Senators Chuck Shumer-NY, Kay Hagan-NC, and Robert Menendez-NJ have indicated they are opposed to the transaction tax. As far as Independents, I'm not sure. Anyway, there is enough support against this bill from the Democrats in the Senate to have it promptly killed.
    There are also a great many House Democrats that seem to be against this tax as well. It has no chance at all. That's why Pelosi has already starting campaigning to have it enacted internationally, which also won't happen, as Geithner won't go along with it. Thankgoodness we have Geithner on our side.
     
    #3582     Dec 7, 2009
  3. leela

    leela

  4. leela

    leela

    Insane? It is legal robbery !
     
    #3584     Dec 7, 2009
  5. Guys the other thread about TT is quoting 0.2% = $220 R/T!!

    Which is the proposed figure? Thanks :(
     
    #3585     Dec 7, 2009
  6. its .02% look for the bill online and you can see
     
    #3586     Dec 7, 2009
  7. Phew!

    Many thanks again
     
    #3587     Dec 7, 2009
  8. .02% for futures, .25% on stocks/ETFs.
     
    #3588     Dec 7, 2009
  9. A good review of some of the stuff that happened last week. About Pelozi, DFuzzy, and the three Dems against the tax.

    http://www.cnsnews.com/news/article/58099

    Pelosi Endorses ‘Global’ Tax on Stocks, Bonds, and other Financial Transactions
    Monday, December 07, 2009
     
    #3589     Dec 7, 2009

  10. ........................................

    And here's her biography....

    Zero qualifications regarding the securities industry.....ZERO

    And has a junior league BA degree....



    http://www.votesmart.org/bio.php?can_id=26732



    Letting an unqualified individual create legal impositions about an industry which they clearly are not qualified to do.....


    This is what you call "ECONOMIC INSANITY".....

    Just call it "ECONOMIC SUICIDE".....
     
    #3590     Dec 7, 2009