Bernie Sanders Wants to Tax Stock Trades to Pay for Free College

[sabrina 1]

38. Well, you have a point but as I understand it, Bernie is talking about risky trades, such as

derivatives. I would hope no one is risking anyone's pension on something that was so responsible for the collapse of the World Economy and should have been banned after that.

If you think your 401K is invested in such a risky bet, Bernie's proposal is likely to slow down the risk to your account.

But aside from that, the problem wouldn't be with a small tax. It would be the very idea that people's pension funds are AGAIN being placed at risk by those who are in charge of them.

Let's hope that is not the case. But if it is, I would think you should get your 401k out of the hands of whoever is risking you losing it all, as has already happened to millions of people.

But back to the main point, I have no problem with taxing the big investors and perhaps, leaving small investors alone.

My own opinion of using the stock market to try to make money is that you may as well bet on the Lotto, which many people do I suppose.

It's risky at best especially for low income people.