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- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
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Transaction Tax 6 replies
Financial Transaction Tax 1 reply
Transaction tax 0.25% 0 replies
Transaction Tax: .025%! 5 replies
DislikedCan anyone familiar with this process post what is the fastest time frame this can become a reality? 2012? maybe 2015? sooner then that?Ignored
DislikedLooks like they might just modify this one so that it passes because they might not want any losses. or the least amount of loss as possible.
Another possibility is that they are pushing with demands knowing they cant get them. So they push to the max to later accept option that they wanted in the first place.
Just some thoughts.Ignored
Dislikedwell there is speculation that some of the push from Europe could be political, again Pelosi her self said that in order to work it needs global support.Ignored
Dislikedhttp://www.infowars.com/now-eu-wants...more-bailouts/
There is your global support.
Is less liquidity better? Im not an expert at that but I think NO.
I'm sure our brokers are aware of the problem at hand. There are many brokers -retail- and they all have many profitable traders who bring in large amount of comissions. Im willing to bet that there are some powerful financial organizations that are working on countermeasure to this proposal as we speak.
p.s. That site might be a little biased.
When...Ignored
DislikedNo seriously. If there is another step after this tax, what could it be? Internet traffic tax?Ignored
DislikedThe US and others have for a long time not liked retail trading. The tax will eventually come in some shape or form.
In 5 or 10 years time the financial sector will be very different to the one it is now. All traders will require some form or qualification/license to operate in the markets.
If a government can find a way to generate more tax revenue then it will regardless of the consequences. They only want big players in the market as this makes it much easier for them to track and regulate. There are many retail traders who dodge...Ignored