If for some reason this idiotic transaction tax at some point gets enacted, what would the volume be like for example in a high volume stock like AAPL that on average trades about 40 million shares per day? Would it then only trade maybe 5 million shares per day? and what about a low volume stock like GLF that trades on average 315,000 shares per day. Would it trade under 100,000 shares per day? I know volume would fall off a cliff but big stocks that trade over 20 million shares per day will still trade probably over 5 million shares per day and the spreads would be much wider which for some traders is a good thing.