Transaction-tax plan brings fresh Wall Street battle to Capitol Hill

Stay awake, the scumbag thieves will never stop.

http://www.marketwatch.com/story/tr...wall-street-battle-to-capitol-hill-2015-01-12

 

Zero chance of happening.

 

Every time someone rebalances their 401k they'll pay 10 basis points on the balance? This includes target date funds and even index funds that rebalance.

Genius.

 

Democrats are so good at devising ways to fleece the wallets of hard working Americans to give handouts for votes from the lazy parasites of society.

 

Reaffirms my belief how these idiots don't understand how markets work.

 

Bills like this and the trainwreck that is Obamacare are exactly what you get when one entire party (half of our democratic system) is represented by lawyers and academics.

Absolutely zero understanding of markets or economics.

 

My wife authored the definitive academic study on this subject--http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1980185

It's not going to happen, so relax!

surf

 

+1

 

if net neutrality passes a transaction tax will gain a foothold.

 

we have never heard this correlation, care to elaborate?