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"On the international stage, Germany will drop its support for a financial market transaction tax. "That is dead now," said a senior government official.." http://www.reuters.com/article/marketsNews/idUSLS69365020090928 "She called it "completely absurd" to introduce a national financial...

The 0.005% was an idea by the french centre right government (for Africa aid), while the 0.05% was the idea by the German SocialDemocrats. The current debate is at 0.05% per side, totalling 0.1% for a roundtrip, naturally, this would decimates futures trading, so in the unfortunate case this...

A global financial-transaction tax, applied uniformly across the G20 countries, is the obvious instrument to ensure that all financial-market participants contribute equally. German Foreign Minister Frank-Walter Steinmeier and I suggest the G20 take concrete steps toward implementing a tax of...

Links to current G20 issues from Europe http://www.earthtimes.org/articles/show/286098,kouchner-wants-tax-on-financial-transactions.html French Foreign Minister Bernard Kouchner said in an interview published Thursday in the daily Les Echos. "We are talking about only 5 cents (.073...

It used to be 0.25% Then the AFL-CIO came out with 0.10% Now, the European socialists are proposing 0.01% to 0.05% for all global transactions to be discussed at G20. http://www.reuters.com/article/marketsNews/idUSLB1366720090911 At least the worst case scenario seems to be...

It was a regular, i forgot his name. He was saying it would cost him a huge amount additionally ($50k+) and that there were many other firms around the country, trading like they were, and in his firm alone, the tax would cost 5-7 jobs. Erin and Gasparino responded: "I am surprised they...

http://www.cnbc.com/id/15840232?video=1237311925&play=1

Here we go again, this man is insane. http://www.landlinemag.com/todays_news/Daily/2009/July09/072709/073009-02.htm DeFazio collected 28 original cosponsors for the bill. He believes a 0.2 percent tax on oil futures transactions could raise $190 billion in six years to help fund a proposed...

It's $9.99 a month, no big deal for a trader.

I watch it from Europe using CNBC Plus, only 3-4 seconds delay, but otherwise great service, highly recommended.

And this was also what America was built upon, Europeans fleeing Europe to avoid high taxes. There is never a reason for a tax hike. It only means that the government spends too much.

The elimination of the tax should be to protect Americans from excessive taxes, because they would have the option to leave the US, (temporarily or) permanently without getting taxed by the US government.

Though republicans helped pass the bill, a u-turn now could actually help save America from the damage done by a Democratic Congress run amok. If they truly wanted to limit Obama's power, they would restore the right of Americans to vote with their feet and their tax dollars. The people's...

http://www.forbes.com/feeds/afx/2009/02/11/afx6040048.html The socialdemocrat opposition supports it, and if this tax gains worldwide momentum, we are out of business. Finance Minister Peer Steinbrueck, a leader in the SPD, plans to put a demand for a bourse transaction tax in the SPD's...

How did they ruin them? I only trade CME.

http://www.mondovisione.com/index.cfm?section=news&action=detail&id=80463 Eurex, the international derivatives exchange, today launched its new futures and options on gold. The US dollar denominated contracts are based on the benchmark gold fixing of the London Bullion Market Association...

There are speculators such as Citi and other major players that buy it for delivery and store it aboard oil tankers in hope of price increases in the future. That will affect the price, whereas a one lot trader that closes the position the same day or before expiration will have virtually no...

http://www.energytribune.com/articles.cfm?aid=1239 The crude-oil market needs more speculators to help stabilize prices six months after the traders were blamed for pushing the commodity up to a record $147.27 a barrel, Deutsche Bank said in a report. Don't we all agree ? :)

0.25%, it was a typo, now corrected :)

This is correct in the analysis, but in the TARP proposal, the democrats got greedy and wanted .25% for derivatives as well :(