The Golden Lounge

[Stock]

Track the Bill:

Click the link -- this has good sourced information >>

http://www.dacharts.com/trader-transaction-tax.htm

Rep. Defazio, in his less than infinite wisdom, has submitted a bill, H.R. 1068 on 2/13/2009 impertinently named
Let Wall Street Pay for Wall Street's Bailout Act of 2009

To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required
to recoup the net cost of the Troubled Asset Relief Program.

Resources

The Bill can be found on loc.gov

NY Times columnist Herbert wrote for the concept

Barrons, on the other hand ....

You can track the bill on govtrack.us

You can find your representative here

Ways and Means Committee membership

There's a thread on elitetrader about it.

A discussion by noted Trader Tax authority Robert Greene (pdf)

A white paper (white wash?) on transaction taxes by Center for Economic and Policy Research (pdf)

Proposed letter to congressmen (thanks Champ, Huddy ?) 2/17/09 pdf

More to come....

Scylnx