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  1. L

    1/4% Tax on all stock trades pushed in NY Times today

    It will hurt all investors (big or small) and give market makers a windfall. Small investors (non-traders) may assume that they are not taxed if they have less than $100,000 transaction per year. Even if they are not taxed directly, they will be paying a bigger spread when thye buy or...
  2. L

    1/4% Tax on all stock trades pushed in NY Times today

    Goldman & teh big bangs may even support this tax. It will give them teh monopoly (after the details are gone) and bigger spread in market making.
  3. L

    life of Bernie Madoff

    Politicians rob all. Rich or poor doesn't matter.
  4. L

    1/4% Tax on all stock trades pushed in NY Times today

    She can be voted out of office!
  5. L

    1/4% Tax on all stock trades pushed in NY Times today

    Pelosi is pushing for a global tax. What can we do get get here out of office?
  6. L

    10% unemployment but H1B visas accelerating

    Not only they have pay for the training, they have to work 6-months unpaid as a "student teacher". Substitute teachers are paid a small daily wage. "Student Teachers" get no such allowance. Many software professionals over 50 cannot find any work that pays 30k or more. New grads do not...
  7. L

    10% unemployment but H1B visas accelerating

    Please you and your classmates need to write congress about the L1 and H1 excesses.
  8. L

    10% unemployment but H1B visas accelerating

    New engineering grads cannot find not at 50k or less, lol. Many Older engineers cannot find any professional job at all. Bill Gates and other engineering bosses want engineers willing to work double the hours for half the pay. Stay away from IT, accounting or any jobs that can be...
  9. L

    Stop the .25% Tax And Sign This Petition!!

    Sign the petition. And you can write your own letter to congress.
  10. L

    1/4% Tax on all stock trades pushed in NY Times today

    MM's will get a windfall due to a bigger spread between bid and ask. They may also get an exemption from this tax due to their market making functions. What many day-traders, esp the scalpers, are playing some kind of market making function, reducing hte spread between bid and ask.
  11. L

    1/4% Tax on all stock trades pushed in NY Times today

    I hope you are right. It doesn't heard to let your representatives in your government know you oppose it.
  12. L

    1/4% Tax on all stock trades pushed in NY Times today

    The real Wall treet will get broker-dealer or MM exemptions when the bill is done. It is little traders on main street who would themselves w/o jobs. So will many brokerage support staff. Traders pay capital gains when they make money. This bill wants to tax the little guy even if he is...
  13. L

    1/4% Tax on all stock trades pushed in NY Times today

    And don't forget all the support and IT jobs at the brokerage. Many of those jobs will be gone. Also the government will see less revenue in its capital gains taxes. It is not only trader jobs, but many other jobs.
  14. L

    1/4% Tax on all stock trades pushed in NY Times today

    Let's list the tax and jobs that would lost if the transaction tax is passed. I will begin: Tax loss: 1. Reduced capital gains from traders. 2. Prop Firms - most would close shop or go aboard. 3. Brokers will have less commission and less able to pay tax. All these will lose jobs -...
  15. L

    1/4% Tax on all stock trades pushed in NY Times today

    The other consequence of the transaction tax is that the government is likely to lose some of capital gains tax that traders are currently paying. Small traders will be forced out of business.
  16. L

    1/4% Tax on all stock trades pushed in NY Times today

    You are right. It may be a good idea for those with Republican/Independent reps in the Senate or House to email and call to ask them to say something. Why are the Republics silent? Hi GreenTraderTax, you are very well-informed onthis. Would you care to write to the New York Times (that...
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    $10 an hour with 2 kids? IRS pounces

    http://seattletimes.nwsource.com/html/dannywestneat/2010435946_danny06.html?syndication=rss
  18. L

    1/4% Tax on all stock trades pushed in NY Times today

    Insane? It is legal robbery !
  19. L

    1/4% Tax on all stock trades pushed in NY Times today

    http://www.zerohedge.com/content/transaction-tax-harmful
  20. L

    1/4% Tax on all stock trades pushed in NY Times today

    How many of the current Republicans senators are against this tax? Any Democrats likely join them in voting down this crazy tax?
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