- the proposed financial transaction tax continues to get some play in congress...now, paul krugman has jumped on board too...some politicians want wall street to pay for main street's recovery, so they want to tax any purchase of a financial asset and any sale of a financial asset at 0.25%...this would be 0.50% per round trip...$500 tax per $100,000 round trip...
- this would put me and most of the trader's i know out of business...
- short term traders provide liquidity and price discovery to all market participants...
- the traders i know did not cause this mess, so why penalize us?
- i am not responsible for the near collapse of the financial system, so it is not fair that congress's solution to paying for the cleanup is too tax me out of my job...
- the congressional stimulus packages of the past few years are meant to help put people back to work...i am all for that...but how is taxing me out of my job going to help achieve this objective?
- this tax would not just hurt shorter term traders, but longer term investors too (401k, 403b, IRA, etc)...
- my cpa, robert green, put together a petition to help stop this tax...please click on that link to contact your congressional reps and tell them not to pass this bill...i did...
- in addition to emailing my congressional reps (both house and senate), i also paid to have my three letters printed and hand delivered to them...supposedly this has a bigger influence then just emails...it only cost $9...
- we have to stop this tax...
Hollywood Foreign Press Association Sues Over Takeover of Golden Globes
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The press association, which owned and operated the awards show until 2023,
is suing its new owner, Penske Media, claiming its purchase was fraudulent.
44 minutes ago