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Just as we can not spread trade or trade cfds overseas, they can make it the same way for overseas brokerages.

Zdreg is right for those of you thinking about denouncing your citizenship, which is very hard. This is not a tax you pay at the end of the year but at the ecn level or exchange, there will be no escaping this one if enacted.

The bill states the trading facility at the of the trade will pay the tax, so basically you will be paying it per trade at the time you trade. All they have to do is make a deal has banks and brokerages overseas charge any us client this tax.

Geithner is testifying on the ag committee I think on derivitives reform today. We shall see if they bring up anything about the tax.

I disagree a rumor doesnt not know a quality company from a non quality. Either way, we should get back to the fight at hand . We do not need to argue with each other, we all know the consequences here, and we should be writing on every article we see and writing the reps.

The prosper every 5 years rather then 5 mins argument is dead in this day and age, as is buy and hold. Well my opinion anyways. Now adays with the media that are quick to jump on a rumor and print it as fact on companies , ceos, etc... it ruins the market. You have to get in and out. The media...

I had emailed the CFTC about its jurisdiction. And since the hr1068 bill was written to cover pretty much all instruments covered by the sec laws of 33 and 34 and anything under the cftc jurisdiction, it means Forex is convered. We know Forex is not on an exchange but now the cftc and nfa have...

You can add Switzerland and Sweden as definately opposed to the tax. Japan I think repealed there tax. 1 more scandinavian country as well, but I forget which one.

ksharmon, I think they might be talking about the transaction tax already levied by the sec on the sale of each security. I am not sure though, I heard talk of increasing that again. I think now its like a few bucks for every million bucks traded but its been a while since I traded stock...

This is the guy who was on CNBC the other day in favor of the task frOM the EPI, he is the one who stated that we can have this tax start 3 years after it is passed. I did not know they had ties to the Obama Administration The Economic Policy Institute, a liberal policy research group with...

Well thats not great news there. It seems like if they did pass it they dont want compaies to go off shore to they could figure that in and make it illegal to trde offshore or make it illegal to let banks put your money offshore into a trading account, the same way banks cannot fund gambling...

Mr. Green can you let us know if it was one of these congressman or women, and if you can tell that trader to post it. I have posted from my senator before on here:) Is it Pete Fortney Stark ( CA) Barbara Lee (CA) Lynn Woolsey (CA) You can just say yes and we can assume...

Anyone have the segment on fox to post? I missed it

We will take 2 !

Here ya go! http://thehill.com/blogs/blog-briefing-room/news/69831-dems-split-on-stock-tax

More people should write on the hill article and politico article about dems souring on th stock tax. There are only a few comments on each but the last hill article last week had over 700 comments. This one should have the same showing our agreement with dem opposition to the tax and...

This is where the french make me laugh and why they do not get taken seriously. Atleast when brown talks about the tax , people listen, when the french do no one blinks. 2 days ago they wanted a transaction tax with Brazil to help the Amazon, now they want for the developing world, when will...

No problem. The news tend to re hash the same things over and over and make it sound like its new!

Millionaire, That news is old just so you know. It was an article today but pulling the info about jobs and infastructure from October or so about Oberstar, and Geithners opposition from the g 20 meetings. It made it seem like the article is new, but its not is just telling us what they were...

Good call!