any one else see DeFazios other bill, http://www.govtrack.us/congress/bill.xpd?bill=h111-3379
Its aimed to tax oil trades, 29 co-sponsors.
Its aimed to tax oil trades, 29 co-sponsors.
1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
http://www.foxnews.com/politics/2009/12/16/house-narrowly-passes-democratic-jobs/
Jobs bill passes house, no mention of tax yet, Just passed so we have to see the details soon I hope to make sure.
Jobs bill passes house, no mention of tax yet, Just passed so we have to see the details soon I hope to make sure.
"As we create jobs for Americans, we are doing so in a fiscally responsible way. These investments are fully paid for by redirecting TARP funds from Wall Street to Main Street."
http://www.prnewswire.com/news-rele...on-the-jobs-for-main-street-act-79457157.html
GreenTraderTax:
Couple more points:
1) As traders quit trading, there will be less capital gains tax, esp short-term capital gains.
2) Traders pay capital gains when they make money. It is unjust to tax investors/traders when there is no income or profit!
3) Talking about creating jobs, how about trader and broker jobs, and the jobs of the IT and support staff that will be lost?
There are many (I know a good number of older IT workers) become trading students and traders when there is simply no jobs in our field due to offsourcing and other reasons. This is the last hope for a livelihood for many older workers who are not longer wanted by employers.
Thank you GreenTreader for coordinating this effort. Traders need an association/union !
Couple more points:
1) As traders quit trading, there will be less capital gains tax, esp short-term capital gains.
2) Traders pay capital gains when they make money. It is unjust to tax investors/traders when there is no income or profit!
3) Talking about creating jobs, how about trader and broker jobs, and the jobs of the IT and support staff that will be lost?
There are many (I know a good number of older IT workers) become trading students and traders when there is simply no jobs in our field due to offsourcing and other reasons. This is the last hope for a livelihood for many older workers who are not longer wanted by employers.
Thank you GreenTreader for coordinating this effort. Traders need an association/union !
Good stuff from the Australian PM Kevin Rudd inregards to tobin. He was discussing the Ethiopian/British/French proposal of funding for climate goals:
Mr Rudd said a proposal from Ethiopian Prime Minister Meles Zenawi to raise billions of dollars through levies on aviation and shipping and possibly even financial transactions in order to channel billions of dollars to poor countries in the longer term was "a constructive framework for further development."
But he said "that doesn't mean we would sign up to every aspect of it, the possibility of Tobin taxes or aviation taxes is not the view of the Australian Government."
Mr Rudd said a proposal from Ethiopian Prime Minister Meles Zenawi to raise billions of dollars through levies on aviation and shipping and possibly even financial transactions in order to channel billions of dollars to poor countries in the longer term was "a constructive framework for further development."
But he said "that doesn't mean we would sign up to every aspect of it, the possibility of Tobin taxes or aviation taxes is not the view of the Australian Government."