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G20 communique is out from this weekend and with all the protesters there. nothing of the sort was mentioned :)

Both excellent articles Billy, we see that true common sense prevails in upper government , not having the views of the radical lower level players and the hippies wanting to re- distribute the wealth.

Thanks for the source Billy Thunder, thats what I was alluding too. Was to lazy to get the source, but read it a ton this past week or so. They do not have it on the table, and Turner was just being an idiot and talking when he shouldnt have for the Government. Thanks again Billy for the link.

France has had a law on the books for a while for a true tobin tax the currency transaction tax, as does Belgium I beleive. They are on the books but not in affect until the entire EU agrees to it. It was to help the poor at the expense of the people who have the money, wealth distribution. They...

Yes UK has a stamp tax, but there are legal ways around it thru reglauted spread accounts on stock, futures and FX it trades the same but avoids the tax . I trade with a friend out in the UK and thats what he does. Its regulated by the gov. Also the CFD'S offer to trade are exempt from the tax...

Not smart, I assume the are small not doing well and are trying to get in the news and drum up some business

Sorry here is the link: http://www.cnbc.com/id/32578551

This is interesting, Ethical Currency Broker? Is that an Oxymoron:) This was from cnbc world, a broker that automatically adopts the currencey "Tobin Tax" which generally is said to be at .005% which is about 5 bucks per hundred thousand dollars. Now I trade currencies, and f something like a...

I agree with you guys, fight hard. Be proactive, but need not worry becuase its only the ultra libs and tree huggers who want this ,for different reason, ultra libs want to spend money, hippies want it for the poor. I do not think they will pass this, so no panic until this comes from a real...

The media hyoed it more then it says, Turner then backed off as did the high government of UK as well. The hippies for the tax are holding onto anything they can get, they have been doing this for the last decade and more

Its got all the hype right now because we are near one of these meetings and the people are trying to get it talked about there!

Yes I agree, we know at every g-20 , g-8 , imf or wto meeting there is always protestors for this tax they call them hippies:) So we also know that some of the g-20 countries like the tax, we know some have had it and repealed it but when most start talking about it then its time to worry.

The protestors will be there but lets see if any countries bring it up, so far stuff coming out of it has been about the exit strategies and caps on bonuses today, which Geitner who is there was not in support of.

One thing to watch for is if any statement comes out of the g-20 meeting about this thing, so far nothing.

Good read from begining of this year. http://tuckerreport.com/2009/02/19/should-traders-be-worried-about-hr-1068-transaction-tax/

We will know next week when Obama addresses the nation on his healthcare bill, if this tax will be a part of it to pay for it. If not then check off one less worry for this bill being passed. Even democrat Hoyer said he will not vote for any healthcare bill, if taxes are increased at all. So...

Well so far this bill , other then its sponsers has no friends on the Hill, its been sitting on the hill in its referred status since Feb 2009. They are letting it die, so when we see some other status , thats the time to worry. For now sit back and trade and of course email your congressman. No...

Good point Guru, if you read how the they look at bills referred to committee , you will see they have not acted on this or looked at it in 8 months, which means it is dead in the water. But I guess people get hysteria going, and I dont blame them everytime this comes up. Its the same guy that...

And even though todays article made a big deal of the Brit who said it was a good idea, the decision making part of his own goverment doesnt want it, and they distanced themselves from his comment! We know that UK already has a stamp tax anyways, but they still have other ways of trading like...

Yes sir that would be nice!