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

The guy agains the tax didnt do shit, he sat there very still and said the same thing over and over again. And the little douche came prepared with statistics. Atleast the Politico guy told how it could harm things.
 
Quote from MrPowerBallad:



A source I spoke with in Washington put the chances at less than 20 percent, adding that “the votes just aren’t there” in the Senate. [/B]
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I agree that it's unlikely to pass. Look at how motivated they are to pass an entitlement and they're finding it very difficult. The Republicans would have a field day with this type of thing and with the 24 hour news cycle, Fox and talk radio, they could certainly get the word out, that this is a tax on anyone with stocks, IRA's, 401k's, pensions, etc.

If it does pass, it would be much more muted than what is being discussed, IMO.
 
Quote from rsikit:

who is this little douche for the tax? go back to high school ur lunch break is over~
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Funny, I was wondering where they keep digging up these idiots to speak against the tax. Geezuz.

OldTrader
 
Quote from OldTrader:

Funny, I was wondering where they keep digging up these idiots to speak against the tax. Geezuz.

OldTrader
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I know, you got the high school looking economist on one end, and then the guy against the tax looks like he was frozen, and only his mouth moved!
 
Quote from rsikit:

The guy agains the tax didnt do shit, he sat there very still and said the same thing over and over again. And the little douche came prepared with statistics. Atleast the Politico guy told how it could harm things.
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Yeah did you guys see the Politico guy say that Geithner HASN'T changed his stance on the tax (contrary to the piece they wrote yesterday)? He said he talked to the Tres Dept this morning and they said Geithner's stance has not changed. I was releived to hear that:)

-Guru
 
Wow. I just stumbled upon this thread!!! Almost 600 pages in a couple months!?!?!

Why are you guys getting your heart rate up over this!?!?

There is a 0% chance of this happening!!

Now I know why I don't follow news anymore.

If some real big shit that will affect you happens you won't have to dig through obscure articles to find out about it. You will know.

If they are spreading this pander on CNBC then shame on you for watching that crap.
 
Quote from flipflopper:

Wow. I just stumbled upon this thread!!! Almost 600 pages in a couple months!?!?!

Why are you guys getting your heart rate up over this!?!?

There is a 0% chance of this happening!!

Now I know why I don't follow news anymore.

If some real big shit that will affect you happens you won't have to dig through obscure articles to find out about it. You will know.

If they are spreading this pander on CNBC then shame on you for watching that crap.
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i agree its a ratings ploy. when we all started to write into them and ask questions they would keep brining this topic up more and more. networks are like crack addicts if we give them the pipe they will smoke it. that being said my money is still on the people who run this country which is wall street not the government.
 
Somebody needs to go on CNBC and say $270 tax on 1000 shares WMT will END trading and active investing PERIOD. It is extremely frustrating that these anchors, some of whom are against the tax, and other "media" types opposing the tax do not grasp the arithematic here and implications.
 
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