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ReadyPlayer1
LSU Fan
Member since Oct 2020
241 posts

CNN- whitehouse looking at .1% transaction tax on stock


MrJimBeam
New Orleans Saints Fan
Member since Apr 2009
5289 posts
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re: CNN- whitehouse looking at .1% transaction tax on stock
frick these crooks good god


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260
Costanza
Auburn Fan
Member since May 2011
2457 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
Tax your income, tax your expenditures, tax your property, tax your capital gains, tax your estate, and now tax even attempting to participate in the market. frick all of these a-holes trying to keep people down to fund endless beaurocracy and government dependence.
This post was edited on 2/22 at 8:01 am


statman34
Houston Astros Fan
Member since Feb 2011
1688 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

tax even attempting to participate in the market


and more than likely looking at taxing unrealized capital gains also.

It really is a ploy to keep people from accumulating wealth in really the only way an average person over time can do so. It is unbelievable that people vote for liberals knowing full well what they are.


LSU in Frisco TX
LSU Fan
In the Green
Member since Oct 2006
654 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
Nah, F this. I’m not going to let this shite raise my blood pressure, I don’t think they can get support for a cluster F like this.

But if this quote doesn’t perfectly illustrate how politicians don’t understand basic economic principals, like how the end client (you and me) end up paying these taxes, I don’t know what does:

quote:

During a heated exchange at a hearing last week, Democratic congresswoman Rashida Tlaib pushed back against Citadel Securities founder Ken Griffin's concerns about a tax. "Let's not gaslight the American people. Y'all will be fine with the tax," she said. "Our folks are tired of bailing you all out when you screw up."



JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
27713 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
The tax is aimed at HFT.



Costanza
Auburn Fan
Member since May 2011
2457 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

The tax is aimed at HFT.



I don't care. At what point is enough enough?


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181
slackster
Stanford Fan
Houston
Member since Mar 2009
71453 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

Democratic congresswoman Rashida Tlaib pushed back against Citadel Securities founder Ken Griffin's concerns about a tax. "Let's not gaslight the American people. Y'all will be fine with the tax," she said. "Our folks are tired of bailing you all out when you screw up."


Let’s not gaslight the American people. Rashida Talib’s constituency doesn’t bail out shite.


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180
Weekend Warrior79
LSU Fan
Member since Aug 2014
6875 posts
 Online 

re: CNN- whitehouse looking at .1% transaction tax on stock
Why link the PT board thread, why not link to the thread already on this board?


ReadyPlayer1
LSU Fan
Member since Oct 2020
241 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

Why link the PT board thread, why not link to the thread already on this board?


Didn't see it on here and didn't use search, :doh:


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statman34
Houston Astros Fan
Member since Feb 2011
1688 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

The tax is aimed at HFT.


It will start there and will eventually be every transaction. They are never honest about the endgame


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81
JLivermore
TBD Fan
Wendover
Member since Dec 2015
1152 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
Would be a liquidity killer that would trickle down to all US assets and markets


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41
GeorgeReymond
LSU Fan
Buckhead
Member since Jan 2013
8889 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
frick them. It never stops.


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50
Auburn1968
Auburn Fan
NYC
Member since Mar 2019
5577 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

and more than likely looking at taxing unrealized capital gains also.

It really is a ploy to keep people from accumulating wealth in really the only way an average person over time can do so. It is unbelievable that people vote for liberals knowing full well what they are.


These kooks aren't liberals. They're leftists. They won't be happy until...



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81
Byron Bojangles III
Nebraska Fan
Member since Nov 2012
48738 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
(no message)
This post was edited on 2/22 at 12:41 pm


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AUCE05
Auburn Fan
Member since Dec 2009
34976 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
That's cool. I want to break up the Boston-NYC-Washington economic monopoly first. Distribute that throughout the country first.


Byron Bojangles III
Nebraska Fan
Member since Nov 2012
48738 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
It’s a 0.1% transactional tax.

That translates to a tax of $1 per $1000 sale.

Will not impact anyone posting here significantly.


ReadyPlayer1
LSU Fan
Member since Oct 2020
241 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

It’s a 0.1% transactional tax.

That translates to a tax of $1 per $1000 sale.

Will not impact anyone posting here significantly.



that's where it starts with them like anything. then its .2% then .3% and so on


bbap
Pacific Fan
Baton Rouge, LA
Member since Feb 2006
93740 posts
 Online 

re: CNN- whitehouse looking at .1% transaction tax on stock
Yeah that's really complete bull shite.


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TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
76491 posts

re: CNN- whitehouse looking at .1% transaction tax on stock
quote:

It’s a 0.1% transactional tax.

That translates to a tax of $1 per $1000 sale.

Will not impact anyone posting here significantly.
I love the sheeples thinking it stops there.


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