You math is way off. The transaction tax is on the size of transaction ( = position size ) not on profit you make. This would be capital gain tax. And this is regardless of whether you make a profit or not. You can redo your math now.
I don't think they will do it retroactively IF they really do manage to pass the FTT. Remember, they have the majority in both houses but not by a very large margin. So on majority of the bills, they will still need bipartisan support. Time to call your congressman/woman to complain!!
It would bankrupt day traders. Do I have to show the calculations again to get rid of the nonsense that day traders can beat a FTT?
This is pure comedy gold, takeprofitalways answered all questions that Overnight deemed impossible libtards are funny again in 2021!!
Give him a break. If there were no birdbrains who would pay for for the cocaine and the mistresses of the market makers?
That is the least of your problems. Higher capital gains rates are coming under Joe Biden and it will crash the stockmarket. Extreme liberal ET trolls praying for a market crash will finally, get their wish.