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

You can provide liquidity as well. You choose how much you want to risk per pip/tick/point on whatever you are trading. If you want to risk 1 dollar per tick or 100 dollars per tick you can do that. There are many spread/cfd companies overseas and they are regulated as well. I know its big in UK and Austrila
 
Anyways back on subject. I contacted some government officials thru emails just to try and get my voice heard. I contacted Charlie Rangel and David Camp both ranking members on the house ways and means committee. I contacted John Boehner, Chuck Schumer and Barney Frank. As well as officals from my own state in North Carolina. The more we can contact the better. Most officals have a place where non constituants can contact them. As for Rangel and Frank, I contacted them thru their websites as well as the websites of the committees they are on. I hope everyone has been doing that.
 
Quote from rsikit:

Anyways back on subject. I contacted some government officials thru emails just to try and get my voice heard. I contacted Charlie Rangel and David Camp both ranking members on the house ways and means committee. I contacted John Boehner, Chuck Schumer and Barney Frank. As well as officals from my own state in North Carolina. The more we can contact the better. Most officals have a place where non constituants can contact them. As for Rangel and Frank, I contacted them thru their websites as well as the websites of the committees they are on. I hope everyone has been doing that.

I will be doing the same thing today rsikit as should every profitable trader on this board that wants to still have a career or at least as profitable a career in the future. Good on you rsikit.
 
Thanks Drukes1234,

I tried to think of any official that might either sit on a committee this can be put in front of or officials from a state where its important to their state economy like NYC or Chicago. So now I need to find and email Chicago's officials. If you think of anyone else please let us know. Who knows if they will read or see our emails but hey if they end up getting alot of them you never know, its always worth a shot to try!
 
I'm about to head out but will be back in a few hours to spend some time writing emails and finding every rep that should be contacted about this. We must be emailing them even if they might not read it, there is already an email on this thread from Schumer responding to someones email on the transaction tax so they definitely are reading some of their mailbox. While Chuck was against the tax I don't think he truly understands how destructive this tax will be, he seems to only think it will hurt 401k's..... it's our responsibility to shed the light on EVERY reason why this is a terrible idea, not just the near-sighted obvious negatives that Senators and Congressman will focus on.
 
Quote from rsikit:

Anyways back on subject. I contacted some government officials thru emails just to try and get my voice heard. I contacted Charlie Rangel and David Camp both ranking members on the house ways and means committee. I contacted John Boehner, Chuck Schumer and Barney Frank. As well as officals from my own state in North Carolina. The more we can contact the better. Most officals have a place where non constituants can contact them. As for Rangel and Frank, I contacted them thru their websites as well as the websites of the committees they are on. I hope everyone has been doing that.

Wouldn't be a best way to 'have voice heard' if they have read a letter signed by thousand people that included their best ideas on the subject? Petition sort of.
 
Quote from gkishot:

Wouldn't be a best way to 'have voice heard' if they have read a letter signed by thousand people that included their best ideas on the subject?


Why not both? We have to do everything we possibly can to be heard, we don't have to limit ourselves.
 
True but I think both will work GKI the more the merrier. Someone posted a letter you can jsut put your email address in and it goes to your district rep from where you live in washington. I did that and it tells you how many people form your state have sent the same letter . I am in NC and it said 629 other sent the same letter so thats a start. I didnt think that many would here in NC so thats a good thing.
 
Quote from drukes1234:

Why not both? We have to do everything we possibly can to be heard, we don't have to limit ourselves.

Because I would prefer to sign the petition and have added to it my arguments against the tax instead of writing my own letter. I believe there are more people like me who would sign the petition but won't send the letter. I believe also that it would have more impact than individual letters and it will save a lot of senators time on reading.
Lawmakers would rather deal with a group than with the individuals.
 
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