The end is near.

That would not fix anything, just add another bandaid to a gaping wound with multiple soaked 4x4 pads draped over it, but still open, festering and leading to amputation. No more benefit than another $8k tax credit. Treating symptoms does not fix the problem.

 

I was being facetious, but thanks for expanding on my point.

 

Or here's a novel idea..... How about the government cuts spending and leaves taxes where they are. Or *gasp* lowers capital gains and taxes on businesses in order to stimulate job creation.

It was Barney Frank and the other socialists who contributed greatly to this entire bubble by making it mandatory to lend to those that are unable to afford homes.

 

funny how no one ever, ever, takes credit for Bush causing these failures, these monstrous debts to China, with collapsing the US Dollar,

just blame the new guy,

perhaps the fickle ones are those that were so patient for 8 years and so impatient for 10 months....

if never mattered who won the election, these events were already under way, care of conservative economic policies put in place over the last 8 years....

not the last 10 months

 

Hello, someone's talking sense in here! First time I've heard anyone mention living-wage jobs and the destruction of labor on this site.:eek:

 

MVIC you are right. There will be so many exemptions to this it won't be funny. I gurantee you that only small, non politically investors will be hurt by this. Can you imagine how much tax GS and JPM would have to pay on their high frequency scalping for pennies at a time?

 

Isn't Uncle Sam the biggest shareholder of just about all of the Wall Street firms and beyond? The market soared for the last 8 months so what the hell are they bitching about for crying out loud? If they want to fill their coffers, tell them to sell their positions and take the damn profit.

 

Im going to go out and vote on every congressman mayor, judge , lawyer, taxicab driver,

And Im not going to look at names.

Republican right down the line.

Before I read this I was mixed on some democrat ideas. No longer.
This is personal.

 

There is no difference in the economic ends of these two parties.

 

For those of you that didnt do the math...this means that an average trader who now trades about 400k shares per month of a 50 dollar stock will have to pay $50,000 per month in taxes. You can bet this will stop all day traders.