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

Quote from rsikit:

Iam not sure either, but it really makes no difference in Switzerland for our cause. They will pretty much always have a place where they wont tax there. So not worried about Switzerland wavering. The bad part is all the things we are doing to shut the Swiss down as a tax haven. So even this thing were to pass, and many seem to think people can trade in switzerland , I think that will be legislated against. I am more concerned with bigger financial hubs being against the tax, becuase for that reason of competitiveness the tax will not be done, but for countries like Switzerland to not be on board I dont think makes a difference to many who hold legislative powers. Becuase the Swiss already offer huge tax havens, so they are used to it and are not starting to crack down on it.
Im not worried about Switzerland being a tax haven, Brown him self said that the whole world needs to agree or else no one will go with the tax so as more countries speak out against it the lower the chance, thats the way I see it.
 
Quote from andy9775:

Im not worried about Switzerland being a tax haven, Brown him self said that the whole world needs to agree or else no one will go with the tax so as more countries speak out against it the lower the chance, thats the way I see it.

When they have spoken about the whole world as did pelosi, they talk about Japan, Eu and US and sometimes Hong Kong. The major hubs, not every single country. So as of now the EU is on board in agreement according to there last draft statement this month. Now we just need to make sure Japan and the US are strong.
 
The Swiss have a real shot at establishing ....

THE WORLDWIDE DIRECT ACCCESS ELECTRONIC SECURITIES EXCHANGE


They should move like lightening on this....

An exchange is just software and CAN be located anywhere.....

Proven by BATS....

All corporations would want to domicile there as well....

If the Swiss play their cards right....they can pull this off....

Go Swiss go !!!!!!!!

A small issue ????

Do you think that bankers do not want to move already ????

Absolutely ....

How brain-dead would traders or companies have to be ....not to move there ????

Pay 15 cents or less per $1.00 made....plus trade where it is possible to trade.....

Versus impossible to trade ......and for the money you do make.... pay 30 cents to 70 cents per 100 cents....????

The Swiss would own the markets in a heartbeat !!!!!!!!!

And just what are the BROWN CLOWNS/PELOSI/DEFAZIO/HARKIN going to do about it ????

The BROWN CLOWNS legacies will be how they assisted to transform the US and the UK into one giant HAITI....

This would be a natural financial change from Swiss Bank Accounts....TO SWISS SECURITIES ACCOUNTS .....

THE BROWN CLOWNS WILL BE KNOWN FOR THE DEATH OF THE SECURITIES INDUSTRY IN THE US AND THE UK....NAILS IN THEIR FINANCIAL COFFINS....CLOWNS AT THEIR FINEST HOUR....NOT ONLY WILL NO ONE BUY THEIR GOVT. ISSUES....THERE WILL NOT BE A SECURITIES MARKET EITHER....GOVTS PAY NEXT TO NOTHING AS IT IS....

If one wants capital.... it is going to have SWISS written all over it....
 
Quote from rsikit:

When they have spoken about the whole world as did pelosi, they talk about Japan, Eu and US and sometimes Hong Kong. The major hubs, not every single country. So as of now the EU is on board in agreement according to there last draft statement this month. Now we just need to make sure Japan and the US are strong.

I haven't found any comment one way or the other from any of the Asian countries so far. Has anyone else?
 
I think Japan used to have one. China I doubt but still not a hub becuase there is no transparency for anything there. So I wouldnt care what China says, but only Japan.
 
Quote from rsikit:

I think Japan used to have one. China I doubt but still not a hub becuase there is no transparency for anything there. So I wouldnt care what China says, but only Japan.

Japan used to have one what? Sorry, I don't follow your answer.
 
I've been listening to the conference, there have been no apparent talks of funding and no real progress that has been agreed to, just issues with kyoto. They're taking an hour then coming back, final deal to be drafted within that time.
 
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