Let's pretend that the financial transactions tax was on the brink of having a serious chance of becoming law. And let's pretend that we had the power to make a deal with the lawmakers. They want something and we want to prevent our trade values from being taxed. What kind of deal would you propose? I would propose limiting financial transactions taxes to Credit Default Swaps in exchange for hands-off on basically everything else. The public sees credit default swaps as the evil of all evils, and most traders do not deal with them. Sounds like a win-win compromise. Just something to think about.