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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (532964)11/27/2009 4:54:02 PM
From: bentway  Read Replies (1) | Respond to of 1574493
 
Day traders and these brokerages that used super fast computers to trade before anyone else get in would HATE it! A typical day trader might make a couple of hundred trades in a day.



To: tejek who wrote (532964)11/27/2009 6:22:09 PM
From: SilentZ  Read Replies (1) | Respond to of 1574493
 
>I tend to agree although I would like to see how much revenue they can raise.......is there that much stock trading

There is. I've seen the numbers on it. A tax of .25% on each trade would barely affect any traders other than day traders and high-frequency traders, and would raise hundreds of billions.

>.....and exactly how it will create jobs.

Infrastructure projects and the like.

-Z


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