News articles about the Financial Transaction Tax

Math_Wiz · Mar 27, 2021

https://www.investing.com/analysis/would-a-transaction-tax-be-a-good-thing-200569686

Interesting.

Math_Wiz · Mar 27, 2021

https://fintechzoom.com/fintech_new...k-comes-out-in-support-of-taxing-stock-trade/

"Some Congressional Republicans have privately indicated support for an FTT"

gkishot · Mar 27, 2021

listedguru said:
Just reading the above piece which is about the state of New York turing the stock transfer tax back on. It sounds like the New York legislature met last Tuesday to discuss options for raising revenue. I'm pretty sure the exchanges would run out of New York in a hurry if they tried to implement this state stock transfer tax. Here's a little blurb from the piece:

James Henry, an economist, lawyer, and one of the paper's co-authors, on Monday noted that "the New York State legislature is meeting Tuesday to decide what its revenue options are and Wall Street is really digging in especially because Gov. Andrew Cuomo is imperiled. They have systematically understated the Wall Street revenues that this tax would produce."

Money and capital run from socialists as fast as they can.