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Only 10%? Wouldn't it have to be about 25% just to keep up with the federal monstrosity? If 10% to start, it would slowly creep up anyway. The fed gov is spending about $12k per head and the state and locals are doubling that amount. I think everyone should contribute something instead of...

"...63 percent marginal tax rate paid by top earners in Denmark - a level that hits anyone making more than 360,000 Danish kroner, or about $70,000." $70,000*.37= $25,900 At least they are allowed to have enough money to pay the 25% VAT, property tax, and other direct and indirect taxes.

Just one more bet. Gonna win big this time. If not, eh.

Gnome, not if but when will it happen when your paid for house and land are redistributed amongst the angry poor and disadvantaged? Under the guise of stimulating the economy, you know. It's only fair, as the others have nothing. Never mind what it took for you to get there. They would deny...

http://www.finalternatives.com/node/7043 February 24, 2009 STA Opposes Proposed Congressional Bill H.R. 1068 By John Giesea, President and CEO, STA -- The Security Traders Association (STA), the leading advocacy and education organization for professional equity traders in the U.S., is...

"Despite the objections of the Swedish Finance Ministry and the business sector, popular support led to the adoption of taxes by Parliament." What the government does to the people depends on the ignorance of the people.

Quote from BondTrader50: This guy would have more luck introducing a bill that will fund a Bigfoot expedition. Quote from erlewine: Isn't that already in Obama's stimulus bill? Finally, some taxpayer money that's not being wasted!

Short or long term traders/investors that lose money believe that the only cause of their loss is that the market is rigged or manipulated. They believe they could finally make money if only short selling was banned or, if you can even believe it, if taxes were increased, etc.

It's not going to raise $500 billion per year on derivatives. Looks like US stocks trade nearly the same dollar amount per year as derivatives do. At the proposed 0.25 percent, an RT on the ES would be $200. An RT on ZB or ZN would be $600. Intraday trading the way it is done now would cease...

This is a comprehensive study loaded with statistics on the aftermath of a small STT to fund just the city of New York. IBO New York City Independent Budget Office Background Paper November 2003 Reviving the New York Stock Transfer Tax...

This is a comprehensive study loaded with statistics on the aftermath of a small STT to fund just the city of New York. IBO New York City Independent Budget Office Background Paper November 2003 Reviving the New York Stock Transfer Tax...

"The basic premise of taxation should be to first tax what society likes the least or dislikes the most, before it taxes honest labor or human needs." You got that right. Politics is the most disliked and dishonest labor, but there is a minority of people that squeal and whine the loudest...

What makes you think that people who own land are rich? Where I live, most of the population is composed of land owners. We are not rich. We are poor to lower middle class. All of us. We cannot even pay the property tax on the land. We are losing our homes and land. Everything. The...

This has to be all sarcasm, irony from crash n burn, right? No one could be that..... well.... Awesome quotes from crash n burn: "the rationale behind the transaction tax is to curb a parasitic activity that adds nothing to the economy'' The more trading, the more traders, the more...

Hell no, those of CDO ilk are off limits, untouchable, campaign-political career contributors. Plus they don't need regulating, they know what they are doing, they are professionals. Much easier to go after the weak, voiceless, people of much lesser means, those that don't contribute spit to...

Only about half of the people that "needed" the coupons got one. They have pissed away some $1.5 billion already, that they admit to anyway. Spend, more like borrow, another $2 billion for the dumb asses that still don't have a converter box. This digital conversion has been going on for ten...

Just on long term investing which affects most people, the cost will be many times greater than the proposed 0.25 percent trans tax. Back to $100 commissions, maybe 2-5% cost of spreads. The biggest percent loss is on the huge reduction of compounding over decades of long term investing...

0bama said this morning, "We must write and enforce new rules of the road, to stop unscrupulous speculators from undermining our economy ever again." Decode

"Case in point: New Orleans, where the poor occupied the low ground and the rich (and the politicians) occupied the higher ground." So, did they go ahead and decide to spend billions of taxpayer money and rebuild the same parts of New Orleans that are 30 feet below sea level?

"The speculators are setting us up again -- this time to kill alternative energy development in the United States. A $25 / barrel tax on crude oil would be a good thing." http://tpmcafe.talkingpointsmemo.com/talk/blogs/merrill/2009/02/crude-oil-speculators-and-mort.php Speculators sure are...