Would Bernie Sanders Kill Trading As We Know It?

Pricechange said:
I can see that I have done more than strike a nerve with you. I think you are a bit emotionally unbalanced regarding the direction this topic is going. So I am going to back away slowly...I don't know if you are armed or what but I am not taking any chances...so I will not make any sudden moves and I will move along. Please seek the help that you need soon....
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Pricechange said:
Sig

I can see that I have done more than strike a nerve with you. I think you are a bit emotionally unbalanced regarding the direction this topic is going. So I am going to back away slowly...I don't know if you are armed or what but I am not taking any chances...so I will not make any sudden moves and I will move along. Please seek the help that you need soon....
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What a bizarre ad hominem attack. Was it my use of the word compassionate that made you think I was armed and threatening you with violence?
Listen, I happen to personally think that the FTT is probably a horrible idea and free college for everyone is probably a bad idea. However I'm happy to hear all sides and incorporate the good ideas into my worldview. I'm not going to assume that if someone points out that high school is free in that debate that they're an imbecile who actually thinks it doesn't cost anything to run a high school. And I'm not going to call them a "dumb ass" or a "stupid shit". If that makes me emotionally unbalanced and subject to violence in your book, then again that says a lot more about you than me.
 
A 10% a year wealth tax on anyone with assets of over $10m would make the rich sweat a bit. Some might have to go back to work too.
 
i am nobody said:
News update: Lynx, a big Belgian broker, announced that they saw a 43% decline in volume of transactions that were hurt by the speculation tax. Overall volume rose because investors massively move away from taxed products into not taxed products. The amount of taxes that Lynx should transfer to the government was supposed to rise to cruising speed. Reality is that the revenues from this speculation tax DROPPED 32% from previous, already minimal amounts.
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News update: Keytrade the market leader broker in Belgium made an evaluation of the speculation tax of 33% that was introduced 1/1/2016. Belgium government taxes each order with a 0.27% tax and a speculation tax of 33% on the profits. In 2015 the average monthly income for the government was 1.16 mio Euro. In 2016, because investors changed their behavior because of the speculation tax, the 0.27% tax generated 680,000 euro monthly, so a loss of 480,000 euro every month. The speculation tax generated 360,000 euro a month.
So every month the government loses 125,000 euro. Adding the 33% speculation tax has a reverse effect on the generated taxes. Investors and traders move to other products and other markets.
 
The revelations just out on money laundering, tax dodging etc, are going to make some top hogs squirm a bit.
I like trading and don't want it taxed or stopped but the super rich are hiding their billions in dodgy little countries to escape paying their fair share.
 
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