Why Not Charge A Government Tax To Trade On Wall Street?
February 9, 2010 by admin
Filed under Ikofx | Forex Stories
A elementary taxation of 0.001% on all trades would compensate for the policing required to keep CEO’s, boards, association short offered and batch splits all in sequence to emanate a traffic height that does not slice off investors when a association creates a bad decision. Making a traffic costing $1800 would put a taxation of $1.80 on that traffic that would go to the supervision group seeking after Stocks and Bonds Trading Practices in America, a regulatory physique .
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Looks like it might work. I’m not sure one mil is the correct amount, but that is just fine tuning.
The problem would be to get a number of politicians behind the plan.