Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 191.04

-2.5%

Jan 16 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (23688)

3/25/2025 9:39:36 AM

From: Elroy

Read Replies (1) of 27069

That is probably the biggest reason I am in favor of some sort of small transaction tax to fund the SEC and perhaps pay down debt.

Taxes go into the Treasury to fund the budget - they aren't allocated for specific departments.

A small tax? Do you think some future politician may be interested to increase it slightly, because, you know, everyone trading stocks is rich, so lets get 'em! Repeat. Repeat. Repeat.

No such thing as a permanently "small tax", dude!

I think rather than tax transactions the regulations should encourage brokerage to allow customers to put in limit orders which go the the 10,000th place decimal, or something like that. High freuency traders benefit from the wide spread. Let us who care about fractions of pennies put in limit orders in fractions of pennies, and make the market honor the best or gets priority rule. That's enough.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next