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

[zdreg]

Quote from slumdog:

Sounds like a stamp tax at 0.1% rate with market makers exempt.
Will it apply both to buying and selling, so 0.2% in total, or only when buying?
Either way it will be much less than the UK stamp duty which is 0.5%.

Regarding credit default swaps and other derivatives, these can be written and transacted anywhere in the world, going to be hard for the french to raise much revenue from them?

"
Either way it will be much less than the UK stamp duty which is 0.5%'
is there a point u are trying to make or are u merely making an observation.

obama and congressional thieves are watching to see if can they create one in the US and turn listed guru and the other pollyannas into hamburger flippers.
there is no place outside the US that has prop equity traders for local markets.

as to market makers being exempt it was predicted 8000+ posts back at the beginning of this thread.

 

[rc8222]

Quote from zdreg:



obama and congressional thieves are watching to see if can they create one in the US and turn listed guru and the other pollyannas into hamburger flippers.



I highly doubt listed guru would want to take 'your' job.

 

[sheda]

obama and congressional thieves are watching to see if can they create one in the US and turn listed guru and the other pollyannas into hamburger flippers.

Any factual evidence? Instead of just a repeat of your extremely negative views displayed throughout 1500 pages..

 

[zdreg]

Quote from sheda:

Any factual evidence? Instead of just a repeat of your extremely negative views displayed throughout 1500 pages..

defazio, the sponsor of an american ftt, was not a figment of my imagination. yes it was bottled up in the committee. it would work, possibly to your advantage, if you simply have asked any evidence at the current time.

is there any doubt in your mind that obama does not believe in free markets and furthermore that he believesthat credit should be dictated by government fiat.

 

[sheda]

Quote from zdreg:

Defazio, the sponsor of an american ftt, was not a figment of my imagination.

No it was not a figment of your imagination, I belive we have all witnessed him fail and in no way does this amount to obama and congress monitoring the situation in Europe to see if the same can be pulled off in the states.

 

[zdreg]

Quote from rc8222:

Quote from zdreg:



obama and congressional thieves are watching to see if can they create one in the US and turn listed guru and the other pollyannas into hamburger flippers.



I highly doubt listed guru would want to take 'your' job.

i should have never mentioned listed guru specifically thereby saving you from make a baseless remark unless that was my goal. don't flatter yourself.

 

[tortoise]

Quote from sheda:

No it was not a figment of your imagination, I belive we have all witnessed him fail and in no way does this amount to obama and congress monitoring the situation in Europe to see if the same can be pulled off in the states.

In fairness to zdreg, his statement is reasonable conjecture.

Having said that, Europe's being awfully myopic if it doesn't think Asia matters. So long as GOP controls at least one chamber of Congress, US will not make the same mistake.

 

[sheda]

I should have never mentioned listed guru specifically thereby saving you from make a baseless remark. admittedly, I should never have personalized the situation by mentioning listed guru directly, especially since i not familiar with the talent he may possess.

Maybe you should take a step back and look at the situation in its entirety, after the prolonged intense pressure that has been applied from all sides to date the closest we have come to seeing the tax implimented is the case of a loose cannon in france, who has nothing to lose and little time left.

Admittedly recently I came to belive everything we have seen in Europe to date has been an elaborate plot to further there centralization aims and successfully impliment stamp duty, only time we tell but things are going well and "pollyanna" is very missed placed.

 

[zdreg]

Quote from tortoise:

In fairness to zdreg, his statement is reasonable conjecture.

Having said that, Europe's being awfully myopic if it doesn't think Asia matters. So long as GOP controls at least one chamber of Congress, US will not make the same mistake.

one must be concerned that shooting one self in the foot has not become a republican tradition . if a democratic congress should happen the unnamed pollyannas of which there are more than one will be flipping hamburgers.

 

[Stok]

Quote from zdreg:

one must be concerned that shooting one self in the foot has not become a republican tradition . if a democratic congress should happen the unnamed pollyannas of which there are more than one will be flipping hamburgers.

dem's controlled all 3 branches for 2 years, and both congress and the house for 6 years and the defagio bill never saw the light of day.