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2016 Postmortem
In reply to the discussion: Robert Reich: Why Is Everyone Ignoring One of Sanders' Most Important Proposals? [View all]Human101948
(3,457 posts)40. How often do you trade?
I personally made two trades last.
Under a bill Mr. Sanders introduced last May, investors would be required to pay an excise tax on any transfer of a stock, bond, partnership interest or derivative. Stock trades would incur a 0.5% tax rate, or $5 for every $1000 of stocks traded. Bond trading gets a 0.10% tax rate. Derivatives a 0.005% tax rate.
http://www.marketwatch.com/story/what-would-bernie-sanders-wall-st-tax-look-like-2016-02-14
If you are doing high frequency trading that is not "investment." Those are the people that would really be affected.
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Robert Reich: Why Is Everyone Ignoring One of Sanders' Most Important Proposals? [View all]
Ferd Berfel
Apr 2016
OP
I don't doubt he's made a proposal, but the OP is wondering why it isn't bigger news
Sheepshank
Apr 2016
#25
She is a spokes person, intimately and aggressively involved with the campaign....
Sheepshank
Apr 2016
#29
All you have to do is read their sig line to know they are not the least bit interested
cui bono
Apr 2016
#42
It's not a "Wall Street" tax, and it will affect plenty of middle class people. That's big.
CrowCityDem
Apr 2016
#20
Hardly. The tax is meant to hit the heavy traders and the brokerages who have a fast track
cui bono
Apr 2016
#44
I know. There are some bitter people who see him getting in the way of her coronation.
CTyankee
Apr 2016
#27
I think this tax -- which generally I support -- is not just on speculation. It would be on
Hoyt
Apr 2016
#10
Depends on what you mean by "opposed." :) There are a lot of ways to increase taxes on wealthy
Hoyt
Apr 2016
#51
I think it's because everyone's focusing on the "free stuff" he's going to use it for
DebDoo
Apr 2016
#11
I might be able to understand it...if their confort zone was actually comfortable
DebDoo
Apr 2016
#18