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

Quote from BA_Trader:

tortoise - one nitpicky thing about your site. I've attached a screen grab of how it looks on my Windows machine.. running latest version of Firefox.

The font you chose is very hard on the eyes.

I am guessing you developed the site either on a Mac, on IE or with some sort of font smoothing turned on at the system level.

Otherwise - many thanks for your effort and others who frequent this thread!

Yikes! That's lousy! Funny thing is, in fact, I built the page on a Windows machine, but also did a fair amount of work on it with a Mac, using Chrome, IE, and Safari. But not Firefox. I'll try to get to the bottom of this tonight. Otherwise, ASAP this week for sure. Thanks for the heads-up!
 
Quote from krs1929:

I trade very actively,and I still would want a transaction tax to screw all the HFT..They need to go away.


There are many ways to tackle the HFT problem without blowing up the economy--which is what, quite frankly, an FTT would do.
 
uote from krs1929:

I trade very actively,and I still would want a transaction tax to screw all the HFT..They need to go away.






be careful what u wish for....i don't think you understand the ftt... you better research it some more before you say that...
 
Kenny not in favour of financial transaction tax

Wednesday, May 23, 2012 - 08:47 PM

Enda Kenny is in Brussels for a Eurozone summit this evening - amid reports that member states have been told to prepare plans for Greece to leave the single currency.

EU leaders are also discussing how to try to grow the economies of member states, in the face of the problems with the Euro.

Earlier, the Taoiseach said that he is not in favour of a eurozone financial transaction tax, if it would put the Irish economy at a disadvantage.

He made the comment ahead of tonight's gathering - which is seen as a pre-cursor to a full leaders summit next month:

"Our view on financial transaction is very clear for quite some time, we do not support that where there would be a disadvantage to our country".

http://www.irishexaminer.com/breaki...vour-of-financial-transaction-tax-552653.html
 
British PM Cameron vows to fight EU financial tax
24 May 2012 0842 hrs

BRUSSELS: British Prime Minister David Cameron lashed out at fellow EU leaders Wednesday for reviving a proposal for a financial transaction tax, saying it was a bad idea and he would fight it all the way.

Cameron said that an EU summit in Brussels which discussed the eurozone's debt crisis was a "good meeting" in that it had focused on growth and the need for structural reforms.

"There were good innovative ideas that can help growth in Europe, but frankly there were some bad ideas too. A financial transaction tax is a bad idea," Cameron told reporters as he left the summit.

"It will put up the cost of people's insurance, put up the cost of people's pensions, it would cost many, many jobs, and it would make Europe less competitive and I'll fight it all the way."

Britain says the French-inspired tax would undermine London as a global financial centre.

Earlier on Wednesday the European parliament adopted proposals on the FTT by a strong majority.

It passed the resolution with 487 votes in favour, 152 against and 46 abstentions, calling for the implementation of the tax by the beginning of 2015 "even if only some member states opt for it".

Nine countries have come out in favour of the FTT -- Austria, Belgium, Finland, France, Germany, Greece, Italy, Portugal and Spain.

"The FTT is an integral part of an exit from crisis," said parliamentary rapporteur Anni Podimata, a Greek Socialist. "It will bring a fairer distribution of the weight of the crisis."

Parliament approved the tax rates proposed by the Commission, 0.1 per cent for transactions of shares and bonds, and 0.01 per cent for derivatives.

http://www.channelnewsasia.com/stories/afp_world_business/view/1203244/1/.html
 
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