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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (125717)11/27/2009 5:58:11 PM
From: Night Trader  Read Replies (1) | Respond to of 542941
 
The number I've heard bandied about is 1/2 a % round trip which is not insignificant. On a $10k trade for example I would pay five times more to the government than my broker, on a $20k trade that would be ten times as much. I hardly see how this would be "great for investors and most traders". Personally I'm at a stage where I no longer need to trade so much but for someone with less capital it would be devastating. But my number one reason for opposing it is Jim Cramer is in favor - need I say more?

thestreet.com



To: KyrosL who wrote (125717)6/17/2010 7:33:26 PM
From: Night Trader  Respond to of 542941
 
Your favored financial transactions tax just won't die:

dealbook.blogs.nytimes.com