Bernie Sanders

7962

(11,841 posts)

19. The OP says ".50 per 100.00". Thats not a "per transaction" fee.

Tue May 19, 2015, 08:45 PM

May 2015

And I dont know how often the managers of my mutual funds trade. And this could very well add to expenses as well as alter trading decisions.
I'm all for a fee on the HFTs or trades over a certain dollar amount. But leave the little guys alone.
And in case you didnt notice, "whining" has become an art on DU! Pick a topic, theres plenty of whining on pretty much everything, all the time.

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Bernie Sanders Wants to Tax Stock Trades to Pay for Free College [View all] n2doc May 2015 OP

good idea! KT2000 May 2015 #1

Yes!!! Wellstone ruled May 2015 #2

That is nothing: if anyone complains, they'll come off as foolish. Gregorian May 2015 #3

Win/win! peacebird May 2015 #4

HFT tax aspirant May 2015 #5

I've been saying this for years. rickford66 May 2015 #6

I thought Bernie never had a plan? BrotherIvan May 2015 #7

Bernie. Fucking. Sanders. AzDar May 2015 #8

"Take from the rich"? Then I hope he plans a starting income level 7962 May 2015 #9

I completely agree with you Phlem May 2015 #11

Thanks!! 7962 May 2015 #14

50 cents on $100 shouldn't be that bad at all. joshcryer May 2015 #15

How often do you trade? n2doc May 2015 #18

The OP says ".50 per 100.00". Thats not a "per transaction" fee. 7962 May 2015 #19

The smart investors buy index funds and hold them. 401k's and mutual funds are a ripoff. L0oniX May 2015 #24

What little guys have hundreds of dollars to gamble on Wall St with? Maybe I'm misunderstanding you sabrina 1 May 2015 #25

I dont think someone making less than 50k is a rich guy 7962 May 2015 #33

Aw the poor invester who does NOTHING but make money from stocks. L0oniX May 2015 #39

Yes, 200.00 is all of my income. Jeeze, pay attention. 7962 May 2015 #41

Sanders' bill sets a 50-cent tax on every "$100 of stock trades on stock sales, n2doc May 2015 #30

Its each transaction, but also each 100.00 value. 7962 May 2015 #31

"high frequency traders, who cater to the higher income people" IS the target. L0oniX May 2015 #22

Then dont tax EVERY trader. Its not that hard to differentiate between the two 7962 May 2015 #32

I'm not really seeing the problem here. Assuming I'm understanding it correctly, sabrina 1 May 2015 #34

Even Casino winnings are only taxed over a certain amount too. 7962 May 2015 #37

Well, you have a point but as I understand it, Bernie is talking about risky trades, such as sabrina 1 May 2015 #38

yes, he has a starting income level passiveporcupine May 2015 #46

Let's see who is against this Sienna86 May 2015 #10

support bernie and his idea by protesting at these 90 universities certainot May 2015 #12

I Will No Longer Settle For The Lesser Of Two Corporate Evils - Go Bernie Go cantbeserious May 2015 #13

I think this is a wonderful idea. Enthusiast May 2015 #16

This is a wonderful idea, so expect Congress and the lamestream media to ignore it. Scuba May 2015 #17

As it should be. darkangel218 May 2015 #20

Florida uses the loto to fund education. Using the Wall Street loto for edu funds is no different. L0oniX May 2015 #21

Except the lotto mainly gets money from the poor n2doc May 2015 #23

Something wrong with saving for the future? upaloopa May 2015 #27

Are you implying he is a 'commie' and all his supporters just want 'free stuff'? Where have I sabrina 1 May 2015 #35

Your posts are inappropriate in this group. smokey nj May 2015 #42

Maybe you won't have to because Bernie will save your ass with free stuff! frylock May 2015 #43

Yeah for free stuff upaloopa May 2015 #26

Yeah for the rich paying n2doc May 2015 #29

It's free for the rich in this country. You object to taking a couple of dollars in taxes from Wall sabrina 1 May 2015 #36

certainly not right-wing talking points.. frylock May 2015 #44

Everything is free, it's just the rich have us believing that nothing is free, the biggest con job Dont call me Shirley May 2015 #45

This does sound really smart to me rock May 2015 #28

People who can afford to invest can't spare $.50 on a $100? Give me a fucking break. L0oniX May 2015 #40