OK. There is more and more NOISE about this crazy Securities Transaction Tax. So, instead of complaining here is a constructive solution... Donate to the Security Trader's Political Action Committee... Look at the National Rifle Association. No one hassles them. Why? Because they have a POWERFUL Political Action Committe. Here is the link for Security Traders PAC http://www.securitytraders.org/members Here is an email I received from the group this morning... From: info@securitytraders.org > Subject: FW: Contact Form Submitted > Date: Wed, 1 Oct 2008 08:35:09 -0400 > > > Our PAC would become engaged should that issue reappear. > > John > > > -----Original Message----- > From: info@securitytraders.org > Sent: Tuesday, September 30, 2008 5:35 PM > To: info@securitytraders.org > Subject: Contact Form Submitted > > > Hello, > > I am concerned about the growing talk of an ADDITIONAL tax on stock transactions. Are you a Political Action Committee that is fighting this?
That was my reaction. I would prefer something a bit more proactive. But, as far as I know they are the ONLY Political Action Committee for Traders.
5200 members is a far cry from the NRA. And if 95% fail, that doesn't bode well for increasing membership significantly.