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

Quote from zdreg:

do you have a problem reading?
"
"legislate in haste, repent in leisure."

it could be years if enacted. the UK, India, hong kong all have stamp taxes. india has been talking about rescinding for years. it has never happened."
fyi The Swedish financial transaction tax was a 0.5% financial transaction tax (FTT) applied to equity securities, fixed income securities and financial derivatives between 1984 and 1991.
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The current EU-11 FTT is what you call "legislate in haste"?LOL...They have been talking about it for a lifetime and it won't likely see the light before 2015...They took so much time talking about it that it will take years just to cover the cost of those debates on taxpayers( just half joking ...).

And I gave you an example of a FTT which was repealed in haste : France's impot de bourse which was repealed unilaterally within months by Sarkozy...

Capiche now? 2 perfect examples of "legislate in leisure" and "repent in haste".
 
Quote from TraDaToR:

The current EU-11 FTT is what you call "legislate in haste"?LOL...They have been talking about it for a lifetime and it won't likely see the light before 2015...They took so much time talking about it that it will take years just to cover the cost of those debates on taxpayers( just half joking ...).

And I gave you an example of a FTT which was repealed in haste : France's impot de bourse which was repealed unilaterally within months by Sarkozy...

Capiche now? 2 perfect examples of "legislate in leisure" and "repent in haste".
More...


Existing in France between 1893 and 2007, the tax on stock exchange transactions was a tax proportional to hit the buying and selling spot or futures, stock broking, including equities .http://translate.google.com/transla...a=X&ei=rO8DUaGICKTU0gHi-YHgCQ&ved=0CHQQ7gEwCQ

"France's impot de bourse which was repealed unilaterally within months by Sarkozy...'
link with date of inception and date of repeal?
 
Quote from zdreg:

Existing in France between 1893 and 2007, the tax on stock exchange transactions was a tax proportional to hit the buying and selling spot or futures, stock broking, including equities .http://translate.google.com/transla...a=X&ei=rO8DUaGICKTU0gHi-YHgCQ&ved=0CHQQ7gEwCQ

"France's impot de bourse which was repealed unilaterally within months by Sarkozy...'
link with date of inception and date of repeal?
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I am talking about the actual repeal which was done in haste. This tax had been there for a century, nobody was really contesting it but Sarko had a present for finance when he first got elected... Within 6 months of his election, with no debate whatsoever, he singlehandedly decided to repeal it. The parliament followed. End of story. Much faster than for example the current project of EU FTT...

Whatever, we are boring everyone here. Nobody cares. I just won't respond to you in the future.
 
Quote from TraDaToR:

I am talking about the actual repeal which was done in haste. This tax had been there for a century, nobody was really contesting it but Sarko had a present for finance when he first got elected... Within 6 months of his election, with no debate whatsoever, he singlehandedly decided to repeal it. The parliament followed. End of story. Much faster than for example the current project of EU FTT...

Whatever, we are boring everyone here. No

you have a problem. you can't admit when you are clueless. a hundred + years to repeal is the fact. "Existing in France between 1893 and 2007, the tax on stock exchange transactions was a tax proportional to hit the buying and selling spot or futures, stock broking, including equities .http://translate.google.com/transla...ved=0CHQQ7gEwCQ"
you think that before sarko came in end there were not previous talks of rescinding it. the groundwork was put there by others. you live in some kind of dream world. once it is in the odds are you stuck with it for a long time.
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