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baletwine

01/16/09 10:05 PM

#186465 RE: Sulphur Mt. #186464

Whoa (and woe) on a tax like that. Yikes.
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OswegoNY

01/17/09 8:03 AM

#186469 RE: Sulphur Mt. #186464

wow - can't imagine that, would cost hundreds of $ a day even for part time traders like me. thanks Sulphur
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iconoclassic

01/17/09 3:38 PM

#186477 RE: Sulphur Mt. #186464

That sort of taxing would change everything, I think...

And furthermore...I am betting many new and "improved" taxes of all kinds are just around the corner...

They are talking about increasing the gas taxes (state and federal) now that the price at the pump is lower...

Vehicle registration taxes will likely go up in many states

Licensing fees (for barbers, doctors, electricians, etc.) will go up at the state level

Efforts will be renewed to put a sales tax on the service industry (accountants, dentists, interior designers etc.) so they are treated just the same as retail establishments

I could probably go on and on...but the picture is bleak...


Gosh, I hope the financial industry is pleased that we have idiots running the government...because you and I will be paying these bills for the rest of our lives and beyond...
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Sulphur Mt.

01/17/09 4:26 PM

#186479 RE: Sulphur Mt. #186464

dean baker believes the 'ethnic' cleansing of various forms of 'frenzied' speculating in the Market, by financial transaction taxation, will bring in as much as 100 billion $ annually. how does an economist come to that conclusion when the very taxation will exclude such participation? does he think the Market will be the final resting place of the buy and hold 'investor', who is now deemed the dupe of policy and lack of regulation? he better rethink his flawed theory