How serious is a threat of a FTT if the Democrats take 3 chambers?

Arnie said:
So you don't think that are creative enough to carve out an exemption for their donors?
If they keep the House and take the WH and Senate, we will see a FTT in some form.
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There is no way to give it to some and not to others. All wall street donors will be affected at all levels so there is no way to exempt Goldman Sachs and get everyone else.

The only way this could pass is maybe they add a $0.01 to the SEC fee for transactions and it is barely noticed. Just like TSA added a 9/11 fee, it did not make plane tickets suddenly expensive and prohibitive.


..but to put some significant FTT...will never pass.

Those who think Dems are not whores to their wealthy Wall Street constituents are fooling themselves or are getting duped by the right FOX News soundbites.

First, Senate will remain GOP. Second, all rich people who support the Dems are impacted by a FTT.

FOX news channel wants people scared that a Biden victory is going to turn the U.S. into Cuba or Venezuela.. that is not how any of this works.
 
El OchoCinco said:
There is no way to give it to some and not to others. All wall street donors will be affected at all levels so there is no way to exempt Goldman Sachs and get everyone else.

The only way this could pass is maybe they add a $0.01 to the SEC fee for transactions and it is barely noticed. Just like TSA added a 9/11 fee, it did not make plane tickets suddenly expensive and prohibitive.


..but to put some significant FTT...will never pass.

Those who think Dems are not whores to their wealthy Wall Street constituents are fooling themselves or are getting duped by the right FOX News soundbites.

First, Senate will remain GOP. Second, all rich people who support the Dems are impacted by a FTT.

FOX news channel wants people scared that a Biden victory is going to turn the U.S. into Cuba or Venezuela.. that is not how any of this works.
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They couldn't exempt designated market makers for particular symbols?
 
I think the most likely outcome if the election were held today would be a 50-50 split. I'm hopeful that if it's 50-50 they wouldn't be able to do anything on a FTT. I hope that there's gotta be at least one moderate Dem who would block a FTT (possibly Schumer himself given his constituency). Republicans would flip AL while Dems would flip CO, AZ, NC, and ME. The polls have consistently shown Democrats leading those states. There's basically been no polling in CO, but I'm confident Gardner is all, but finished. He's not winning CO against the popular Hickenlooper when Trump was -5 in CO in 2016. McSally is deeply unpopular in AZ and getting clobbered in the polls (like -7). Tillis is underperforming Trump in NC. Collins is probably the most likely to turn it around. She might be able to pivot from Trump and get away with it since she never had a serious primary challenger.
 
El OchoCinco said:
Those who think Dems are not whores to their wealthy Wall Street constituents are fooling themselves or are getting duped by the right FOX News soundbites.
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Very correct as far as "establishment" Dems which Bidden and Harris are.
 
fan27 said:
Very correct as far as "establishment" Dems which Bidden and Harris are.
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Pretty much all politicians in power are establishment politicians...

Trump claims he is self funded and no beholden to any special interests yet he was manipualted by Bannon to push an agenda for a far right base and continues to play the same game being led around by Hannity and Carlson.

If AOC wants to aspite to anything above being a freshman House member she will have to suck up the ladder...

So dont believe the hype....
 
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