Mark Cuban pushes for 20 cents per share tax on every roundtrip.

Discussion in 'Trading' started by seasideheights, Oct 26, 2008.

  1. zdreg

    zdreg

    if u don't like the previous post state your objections.
     
    #11     Oct 26, 2008
  2. And why exactly is Mark Cuban relevant?

    My sister in-law said all stock certificates should be pink.
     
    #12     Oct 26, 2008
  3. There are a lot of markets in the world.

    Unless the whole world adopts the idea, its plain stupidity.
     
    #13     Oct 26, 2008
  4. gnome

    gnome

    Likely. Trading would flee the US, and the perps would soon be repealing the transaction tax. Principles are one thing, THE MONEY is another.
     
    #14     Oct 26, 2008
  5. veggen

    veggen

    Excellent post!! The thing is that they need short-term traders and scalpers, we are the ones providing liquidity in the market. Because of us there will allways be someone to sell your position to. If we weren't here, who would want to buy the shares of companies doing bad under these "collapsing" times. If we weren't here providing liquidity, everything would collapse. They need us, I wish they would understand this.
     
    #15     Oct 26, 2008
  6. dsq

    dsq

    so 200$ for every 1000 shares traded?IS that frikkin nuts or what?That would kill the market ASAP.NYSE Trading vol would go to 200million shares daily like back in 1992.
     
    #16     Oct 26, 2008
  7. To put it another way, you'd have to put it on your tax return
     
    #17     Oct 26, 2008
  8. zdreg

    zdreg

    cuban's money and loud voice creates big waves.
    he got it it. you are trying to make it.
     
    #18     Oct 26, 2008
  9. He's a jackass. I hope he's not in the senate. I doubt any members of congress would approve it. <b>What a f*@$ing idiot.</b>
     
    #19     Oct 26, 2008
  10. It's Cuban i want to die slow, not the previous poster. Real slow.
     
    #20     Oct 26, 2008