General Discussion
In reply to the discussion: Eliot Spitzer: Tax the Traders! It Would Solve Economic Crisis and Stop Reckless Activity [View all]AikidoSoul
(2,150 posts)here on DU in response to his posts are disappointing, and mean spirited.
It could be that the many on DU don't have sufficient foundational knowledge about the topic to have a good conversation about this topic. What we see are knee-jerkers reactions.
Be patient with DU Vox Populi....and do continue to educate. We have many bright, even brilliant people on this list serve. But finance is not necessarily a topic that many of us study. It's a highly complex area and we all need to know more. I personally know small investors who are screwed by the simple fact that there is a lag on the information they receive, compared to the big boys. I also know that even small investors have no objection to a small tax on transactions if it does some good for bringing down the deficit, or repairing decayed infrastructure.
A small tax on all transactions can be a sensible idea if presented with care. It could be tied to a "doing your duty for the country"....or tied at least to making this country whole again. Our infrastructure sucks. Roads, bridges, etc. Tie it to something specific and if there is a stink, it would make the naysayers look selfish, mean and unpatriotic.
Am I being too optimistic?
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