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    U.S. Traders: What will u do if Transaction Tax passes? Which country to move to?

    You're right about that. My problem with BO is that he is proposing so much increased spending that we'll never be able to get a grasp on spending. I would actually pay more taxes, if I had ANY reason to suspect that the government would use the increased revenues to pay down our debt and...
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    U.S. Traders: What will u do if Transaction Tax passes? Which country to move to?

    Exactly. The first step is to float an idea. Then if there is a second bailout, virtually any way to punish "the finacial industry" will be available. It doesn't really matter if you're even punishing the people responsible for the bailout, that's not the issue. It's still another way to get...
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    U.S. Traders: What will u do if Transaction Tax passes? Which country to move to?

    I hope that's true, but the fact remains, one party fights taxes and thinks they're too high, currently. And the other is always looking for ways to increase them.
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    U.S. Traders: What will u do if Transaction Tax passes? Which country to move to?

    No, you can always do things to help your cause. Vote, write, call, convert your Dem/Indepenant/non-political friends into Republicans. They're not always perfect, but the Republicans usually do not vote for tax increases. On the other hand, the Dems ALWAYS look to government to solve...
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    What "other things" are there? :confused: We've exported manufacturing. Now all we've got is ag and service, but we're outsourcing that too.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    I've heard you reference this several times. What is the h-1b visa?
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    If the 5 year period turns out to be true, at least it would give the financial industry time to lobby this thing. As it stands right now, there is so much disapproval with the financial industry among the American people, that it would be easy to sneak through.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    This proves once again, that despite what ANY DEMOCRAT might actually say, they are ALWAYS looking for ways to increase taxes. They love opportunities like this where they can slip a tax on a group of people, where the public won't penalize them (Dems). Wolves in sheeps clothing.
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    U.S. Traders: What will u do if Transaction Tax passes? Which country to move to?

    I don't think anyone really knows at this point. We'll know a lot more on Monday, I guess. I think it's a valid post to discuss. One possibility, obviously depending on the regulations, would be to trade foreign instruments, while living in the US (if allowed). Also, it seems like they...
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Exactly. These people could care less about the 10,000 (tops) day traders in the US. But, they must understand that you are now taxing EVERY single stock, mutual fund or pension holder in this country. Damn, the Democrats are fucking idiots.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Sky, with all due respect, do you honestly think that liquidity has no benefits? What markets do you trade? My guess is that you trade very liquid markets.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    The absoulte greed and stupidity is unbelievable. It's time for a revolutions, in my opinion.
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    Load Your Clips.

    Oh, the poor little kids that can't afford iPods. How terrible. I guess if you can't afford an iPod, you should start invading homes and stealing cars so that you can afford your iPod. Take a rid through the hood. What you'll see is plenty of these "poor kids" have tv's in their cars and...
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    At the end of the day, it's about liberty and freedom. Unfortunately, this country is going away from those principles. Everyone expects the government to solve their problems. What they don't realize is that the government will ALWAYS create bigger problems in that process.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    I hope you realize that this was the title of the article, not "my title" I think this crystalizes the arguement between those who are free market/capitalist and those who believe socialism is the right way. By the way, I would put Bush firmly in the socialist category. Along with ALL of...
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    http://www.ips-dc.org/articles/736 10 Ways to Bail Out Wall Street (and Main Street) Without Soaking Taxpayers in Debt Op-Ed by Chuck Collins, Dedrick Muhammad. Published September 25, 2008 12:00AM...
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    Bailout deal DEAD!

    BS. Gnome, I agree that these people are definately not in politics to serve anyone other than themselves. BUT, they do love to be re-elected, more than anything. Re-election is like crack to a crack addict. When people get in an uproar, they have to listen to some degree. Granted, the...
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Ok, let's have a discussion of options for traders, should this pass............................ Trading foreign instruments? Would that have to be through a foreign broker? Would forex be effected?
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    Bye, Bye Elitetrader.
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    Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say

    This thing may have some legs............. http://www.marketwatch.com/news/story/overstock-ceo-comments-president-bushs/story.aspx?guid=%7B020F48B2-F02F-4D46-BF0F-A3B59D9ED433%7D&dist=hppr
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