Bernie’s Financial Transaction Tax

[ajacobson]

You wouldn't need to distinguish. HFT gets taxed out of existence and everyone else's profitability gets dinged. Ask a fund manager the two classes of investors they would least miss and would they pay up to see them disappear. There might not be any cost because real liquidity might improve.

 

[gkishot]

You wouldn't need to distinguish. HFT gets taxed out of existence and everyone else's profitability gets dinged. Ask a fund manager the two classes of investors they would least miss and would they pay up to see them disappear. There might not be any cost because real liquidity might improve.

No idea what you mean. Bernie is not sophisticated enough to care about such fine details. His tax will push out of existence even those who make just one trade a day. Did you try to do back of envelope calculations?

 

[clacy]

Not gonna happen......

 

[Neuroway]

 

[ironchef]

Not gonna happen......

View attachment 217203

Based on your statistics, Reagan and Obama shouldn't win a second term and HW Bush should have won his second term. It is a 40% win rate/prediction.

Are you sure it is

not gonna happen?

 

[zdreg]

There might not be any cost because real liquidity might improve.

[/QUOTE]

why? It sound like wishful thinking.

 

[Cuddles]

Based on your statistics, Reagan and Obama shouldn't win a second term and HW Bush should have won his second term. It is a 40% win rate/prediction.

careful about thinking beyond a superficial level on this boards

 

[murray t turtle]

I’m from the U.K. we just had our own election with a crazy Marxist. He got so desperate towards the end he offered something free every day. Offered free broadband, even the other socialists were like ‘err nationalised broadband...I better delete my search history’.

Thankfully he got destroyed at the ballot box so not everyone buys fantasy pledges. Sadly millions still do.

%% Thanks for disclosing that ;
UK disclosure. [ 1] EVen the Dems don't like Socialist SandersTaxer, he could not even beat a HilClinton beast, last election.LOL Even though US did elect one Clinton ; he was a tax cutter.[2] Biden, Warren + Sanders hate hunting /guns + LOVE high taxes= good losers/destoyed @ ballot box...……………………………………………………………………………………………………………………………………….[3] EVen people who wrongly paid too much tax in the past, Carl Ichan…….. NY, NY, moved to a loW tax/ low tax state =FLA . LOL+true

 

[clacy]

Based on your statistics, Reagan and Obama shouldn't win a second term and HW Bush should have won his second term. It is a 40% win rate/prediction.

Are you sure it is

The chances of Trump losing to one of these current Dem stooges is very close to zero.

And your odds are totally wrong because all but one of the presidents in the image were easily re-elated as incumbents.

 

[El OchoCinco]

Could you ever imagine that a strong headed Marxist like Bernie would run for the US presidential office? You would have said "Never going to happen" some 20 years ago.

Anyone can run for President.....there is no restrictions on that. Look at the ballot...you have Green Party candidates and some other fringe parties. So it is not crazy for a fringe candidate to run for office since anyone can.

Bernie will never win because of his politics so no worries. He is an annoying fly that has a short life span and then buzzes off.