Msg. 35758 of 65535 (This msg. is a reply to
35750 by
ribit)
Jump:
No, the elephants would pay most of these.
You know, the folks trading every few minutes.
Buy & hold investors wouldn't feel it at all.
I think it might help the market become more stable, less like a slot machine.
Proposed Wall Street Transaction Tax Would Raise $350 Billion
...it would be paid by small investors and mutual funds which are owned by small investors and retirement funds that belong to small investors. Another "hey let's shoot ourselves in the foot" suggestion from the democrats.
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