I don't see anywhere in this article that says New York wants to impose a stock trade tax. It's a filler piece by a Bloomberg reporter who mentions an assemblyman from some town outside of Albany that no one has ever heard. Moderators please move to chit chat. Lol
Well, perhaps the headline of the thread should state that Bloomberg News pushes for stock trade tax.
yes, thats basically what it is, some reporter that "brought it up" perhaps some liberal that emailed the reporter and said.."hey, why dont you write a piece about ftt, we want to see if we can get some traction on that..
Perhaps some conservative called him up and said "hey, why don't you write a piece about ftt, we want to see if we can rile our base up about an imaginary boogyman". After all, just look at this thread, that's exactly what all the conservatives reflexively did, get riled up over nothing.
Haha, ftt is about 400th on the list of topics to rile up the base. And no conservative has ever proposed a ftt in the United States.The libs fully own that idea. But nevertheless, staying on topic. The article isn't much of a news item that I can see.
If traders are as profitable as they believe they are, they should take it with both hands in the form of capital gains tax.
If the democrats take the senate next year, there will certainly be a trading tax proposed - and possibly passed - in the U.S.
Not something Schumer, Pelosi, or Biden have ever indicated an interest in and not in the platform. Care to place a small $10,000 wager to the charity of the other's choice on that, you seem pretty certain?
If its passed, absolutely. Note she's talking about a global tax. That's very different than a NY or U.S. tax, which of course is idiotic because trading just moves elsewhere.