If the "Trading Tax" is Passed

In addition to the cap gains tax.

 

this proposal should morph into a tax on shorts, and then you would get a reinflation of the market, as we could only scalp effectively from the long side

 

And that is why Chuck Schumer ( Senate Finance and Senate Banking Committee ), Larry Summers, Michael Bloomberg, David Paterson, and Hillary Clinton will never allow this to happen.
It would kill the NY metropolitan area.

 

Isn't it already dead?