re: The White House supports studying a financial transaction tax (0.1% tax on stocks)

quote:

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Elections have consequences. Taxes are going up as much as possible. Have to pay for the stimulus, you know, instead of cutting taxes to actually stimulate the economy.

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Let's keep the election commentary on the poliboard. We've been doing this dump stimulus into the economy regardless of party lines for as long as I remember. Someone was eventually gonna have to pay for it although this policy makes no sense to me. Seems like the best place to get the money would be to reduce tax breaks and plug loopholes in our current system isn't of inventing new taxes