Transaction Tax Bill has now been introduced

Discussion in 'Trading' started by Bullet, Feb 18, 2009.

  1. #91     Feb 18, 2009
  2. I think equity traders would get screw the worse, because it would tough to subsitute.
     
    #92     Feb 18, 2009
  3. think again...the german minister of finance is planning to reintroduce the "börsenumsatzsteuer", nothing else than a transaction tax. it was abolished in the early nineties.
     
    #93     Feb 18, 2009
  4. :mad: :eek: :mad:
     
    #94     Feb 18, 2009
  5. I read the german tax was on the agenda of a party to unveil the parties direction before the election, and an election where they have no chance of overcoming Merkel so I heard it was pretty much dead in the water in Germany
     
    #95     Feb 18, 2009
  6. Regarding the re-introduction of the German "Börsenumsatzsteuer" (transaction tax): At the moment there is just a proposal by Mr. Steinbrück to include this into the SPD party program for the coming elections later this year. However, according to current election poll trends, it could be that SPD will not even be part of the future government, because they are losing popularity by the day.

    If this trend continues, the new goverment will be, most likely, a coalition of CDU and FDP, which are both strong opponents of such a tax, the FDP even more so than the CDU.
     
    #96     Feb 18, 2009
  7. tradersboredom

    tradersboredom Guest

    it includes the value of futures and stocks and could include options

     
    #97     Feb 18, 2009
  8. Not really shutting down speculation, just shutting down the small independent speculator. I think there are two goals with this tax. One is Wall Street elite forging their monopolistic hold on the capital markets. The second is to force the small & mid size players to join the Obama Nation.
     
    #98     Feb 18, 2009
  9. https://forms.house.gov/rangel/forms/contact.shtml

    Rangel's contact info.

    I would also send something to Chuck Schumer of NY:

    http://schumer.senate.gov/new_website/contact.cfm

    Schumer is on the Subcommittee on Securities, Insurance, and Investment and his State of New York would have a TON to lose if this bill were to pass!
     
    #99     Feb 18, 2009
  10. #100     Feb 18, 2009