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

Incredibly bad reactions to Sarko's proposals in Davos on the internet. "He can't tax more in his country, so he decides to tax the world". Even in France, people start to get it.
 
Quote from TraDaToR:

Incredibly bad reactions to Sarko's proposals in Davos on the internet. "He can't tax more in his country, so he decides to tax the world". Even in France, people start to get it.
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then it should appeal to Obama with his views of a world government.
misery does like company is a cliche but it has more than a grain of truth to it.
 
http://www.google.com/url?url=http:...on+tax&usg=AFQjCNG-o8OLBtc4oZhtTfDvcMpSpBbuaw



Sarkozy on his proposal for an International Transaction Tax:

"France considered such a tax not only moral but useful to dissuade speculation, and as a way of raising money towards international development."
At the same time, he recognized that there were 'big adversaries' against the proposition.
"We are therefore ready to discuss other solutions even if this tax seems to me the best formula," Sarkozy said.
 
Quote from zdreg:

then it should appeal to Obama with his views of a world government.
misery does like company is a cliche but it has more than a grain of truth to it.
More...


There's a presidential election in 2012, so Obama has to do that 'move to the center' acting job until he's re-elected. Then he'll go back to being the far left dictator we all know he is.
 
Yes. NFA fees. 0.02 $ per contract.

With CME group only which traded 197,000,000 contracts in December, you would also need to charge 0.02 CFTC fees to make the 92,000,000 $ they "need"( how the hell do you spend 92M to enforce Dodd-Frank??? ).

However, it's not good but this is nothing like a Tobin tax
 
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