Another article, more info.
http://www.expatica.com/fr/news/fre...ical-of-financial-transactions-tax_93135.html
1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
Another article, more info.
http://www.expatica.com/fr/news/fre...ical-of-financial-transactions-tax_93135.html
House Majority Whip Jim Clyburn supports trans tax to pay for fed transportation bill.
http://www2.wspa.com/news/2010/aug/31/4/clyburn-talk-about-roads-and-bridges-sc-ar-771569/
http://www2.wspa.com/news/2010/aug/31/4/clyburn-talk-about-roads-and-bridges-sc-ar-771569/
These guys should be taxed for every stupid proposal they come up with, it costs money to go through all this garbage so why not tax them for every failed bill?
Hundreds of billions or trillions vaporized in the stimulus bill wasted on abstract nonsense, now they scream for funds for something concrete, tangible and important like concrete and asphalt.
I live in SC and he is an embarrassment to the whole state (not that we need much help in this dept!) and the country. Hopefully after Nov he will not be in this job...This will give him more time to contemplate why the James E. Clyburn University Transportation Center cannot account for millions in grants. Hopefully he will have plenty of time to prepare for the forthcoming criminal investigation into the misappropriated funds.
Republicans are set to control the House after the election and it is doubtful anything like this will get very far before then.
Republicans are set to control the House after the election and it is doubtful anything like this will get very far before then.
I believe Clyburn has supported the FTT for quite sometime now. I remember reading something late last year or earlier this year about him supporting the FTT to fund a transportation bill. So really nothing new here just more nonsense by the liberal left
-Guru
Clyburn lobbies for Wall Street tax to raise cash for roads:
http://www.postandcourier.com/news/2010/aug/31/clyburn-lobbies-wall-street-tax-raise-cash-roads/
"U.S. House Majority Whip Jim Clyburn said he is working on a plan that would charge a new tax on Wall Street transactions that would end up generating the $500 billion to fund a new transportation bill and pay back money toward the national deficit each year. Trades would be assessed a 0.25 percent tax, under the proposal."
"The plan is contained in legislation before the U.S. House. Clyburn said he feels confident the bill will pass his chamber, but he needs buy-in from the U.S. Senate and President Obama."
So is this proposed .25% tax already in a bill before the US House like the article says? Does anyone know the HR# for this proposed transportation bill? I find that hard to believe. He really thinks this would pass the house with a FTT in there? Possible but no way it would pass the Senate.
Also keep in mind that Peter Defazio sits on a transportation committee
-Guru
http://www.postandcourier.com/news/2010/aug/31/clyburn-lobbies-wall-street-tax-raise-cash-roads/
"U.S. House Majority Whip Jim Clyburn said he is working on a plan that would charge a new tax on Wall Street transactions that would end up generating the $500 billion to fund a new transportation bill and pay back money toward the national deficit each year. Trades would be assessed a 0.25 percent tax, under the proposal."
"The plan is contained in legislation before the U.S. House. Clyburn said he feels confident the bill will pass his chamber, but he needs buy-in from the U.S. Senate and President Obama."
So is this proposed .25% tax already in a bill before the US House like the article says? Does anyone know the HR# for this proposed transportation bill? I find that hard to believe. He really thinks this would pass the house with a FTT in there? Possible but no way it would pass the Senate.
Also keep in mind that Peter Defazio sits on a transportation committee
-Guru
Quote from listedguru:
I believe Clyburn has supported the FTT for quite sometime now. I remember reading something late last year or earlier this year about him supporting the FTT to fund a transportation bill. So really nothing new here just more nonsense by the liberal left
-Guru
Exactly! The Democrats are in for the mother of all bitch slaps on Nov. 2nd. It wouldn't surprise me at all if the Republicans take the House, although the Senate is a long shot. If this clown Clyburn feels he can get this FTT through the House, then that's the last place it ends up going, because the Republicans can kill anything in the Senate. In addition, come Jan. of 2011, the Senate will have 6-7 new GOP Senators, that will replace Democrats. So there goes the leftist, idiotic Obama agenda out the window. Thank God!!!!
Quote from listedguru:
I believe Clyburn has supported the FTT for quite sometime now. I remember reading something late last year or earlier this year about him supporting the FTT to fund a transportation bill. So really nothing new here just more nonsense by the liberal left
-Guru
Considering the success of the Democratic congress in passing spending bills a FTT in their minds is a logical way to pay for it. to most congressional people a FTT on wall street is an obvious way to raise large sums of money even if in reality this tax will raise negligible amounts.
you should not be smug. "just more nonsense of the liberal left" could turn you into a mcdonald hamburger flipper instead of a stock flipper.