I absolutely support this and I'm open to where we spend it.
Democrats, unbelievable.
You already spent it, many, many times over. Now you want to create another tax and spend it AGAIN. Unfricking believable
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I absolutely support this and I'm open to where we spend it.
1. Only a real drama queen would whine about a $100 or so tax increase.OMG, $100 per year is meaningful to you? You living under a bridge somewhere?Yes, for every $1,000 you pay $1 in tax.1. I'm not a "phony conservative", you know the coxuckers who vote for tax cuts and then borrow trillions, aka "bubble makers".You can’t ever call yourself a conservative if you support government socially or financially engineering society. There’s enough taxation in this country. ENOUGH.I never thought that I'd ever be on the same side as Ilhan Omar, but here we are.
I support the proposed transaction tax. It will hit the high-speed traders more than me or other "buy and hold" investors.
The argument against it is that high-speed traders will just move off-shore to do their trades, fine.
They are nothing but leeches stealing our 401k investments.
Senate Democrats reintroduce bill to create financial transaction tax
A group of Democratic senators on Thursday reintroduced legislation to create a financial transaction tax, arguing that such a tax would help to reduce economic inequality.The bill would establish …thehill.com
"This (transaction tax) makes financial markets fairer and possibly less volatile. As described by Michael Lewis in Flash Boys, high frequency traders (HFTs) can earn profits by front-running other trades by micro-seconds, an activity that raises costs for legitimate traders and provides no value to society. HFTs account for roughly half all stock trades and much of their business model would be threatened by the proposed transactions tax.Congress wants to tax stock trades. Investors shouldn't fret. | Brookings
Aaron Klein makes the case for a financial transaction tax.www.brookings.edu
Under current law, someone selling or buying $1,000 of stock pays just over two cents in transaction taxes. This existing fee raises over $1.5 billion per year. The proposal would add a tax of $1 to that transaction."
2. I support the transaction tax. The $1 per $1000 BOT/SLD will hit the high-frequency traders, not "buy and hold" investors.
3. $30T DEBT is ENOUGH.
I support the transaction tax. The $1 per $1000 BOT/SLD will hit the high-frequency traders, not "buy and hold" investors.
If I buy $1000 of stock, I won't get hit with a $1 tax?
So how much a year would you probably pay?
I'd pay less than $100 a year.
I don't do a lot of trades.
Yes, for every $1,000 you pay $1 in tax.
So this claim, was a lie.
The $1 per $1000 BOT/SLD will hit the high-frequency traders, not "buy and hold" investors.
How does that $100/yr compare to your broker fees + income taxes?
I will gladly pay $100/yr for $80b in new tax revenue.
IMHO its a net gain w/o high-frequency traders stealing our 401K investments.
OMG, $100 per year is meaningful to you?
Only in the context that you said it wouldn't hit me. So you lied.
How does that $100/yr compare to your broker fees
Well, my broker fees are currently $0
I will gladly pay $100/yr for $80b in new tax revenue.
If you think it would raise $80b in new revenue.......I've got some bad news for you.
Did you ever find out how much the HFT firms make every year?
2. How does $100 a year compare to your income tax on investment income? Hopefully insignificant.
3. The projections are for $80b in new revenue, see the OP links, stop bullshitting (aka lying).
So you oppose Pedo Joe's "infrastructure bill" now.Howsabout we not spend $20 billion on environmental justice bullshit instead? You have no problem with that, huh?Do you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
It's a start. Did you think adding to the debt was going to lower our debt?
Now you claim you will after defending Pedo Joe's "infrastructure" boondoggle.
Find where I supported spending $20 billion. I'll wait.
Got it.
I absolutely support this and I'm open to where we spend it.
Democrats, unbelievable.
You already spent it, many, many times over. Now you want to create another tax and spend it AGAIN. Unfricking believable
1. Stop with the "straw-man" examples.When big investors buy any stocks that you have, the high-frequency traders steal some of the investment.
Cool story. Show me how. Use my example.
Be specific.
Ok, TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and steal my money? Any idea?
More taxes and regulations favor the big guys, the institutional brokerage houses, they can afford it is easier than smaller houses. What happened with increased banking regulations? They could not manage all of the regulations and got bought by the big boys.
I absolutely support this and I'm open to where we spend it.
Democrats, unbelievable.
You already spent it, many, many times over. Now you want to create another tax and spend it AGAIN. Unfricking believable
Bite me. I'm not a Democrat. Address me, not your boogeymen.
Works for meI agree
Right now the super wealthy are only taxed on their income. They are clever enough not to claim income. We cannot touch their wealth.
A small fee on transactions (like a sales tax) will open up their wealth to taxation
most of the liberal wealthy elite make their money off transaction investments and don’t get hit with income tax. Better get sign off from them.
1. Stop with the "straw-man" examples.When big investors buy any stocks that you have, the high-frequency traders steal some of the investment.
Cool story. Show me how. Use my example.
Be specific.
Ok, TSLA is trading at $711.15-Bid $711.19-Offer.
I try to buy 100 shares at $711.19.....how does an HFT swoop in and steal my money? Any idea?
2. I explained how, its called "front-running" trades, read the OP links <again>.
3. When large investors buy TSLA the HFT can front-run it and steal value from you. They don't "invest" they steal value.
If you're too stupid to understand what "front-running" is I can't help you.
So you are now on record being against Pedo Joe's infrastructure bill.So you oppose Pedo Joe's "infrastructure bill" now.Howsabout we not spend $20 billion on environmental justice bullshit instead? You have no problem with that, huh?Do you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
It's a start. Did you think adding to the debt was going to lower our debt?
Now you claim you will after defending Pedo Joe's "infrastructure" boondoggle.
Find where I supported spending $20 billion. I'll wait.
Got it.
If it's not paid for like how Trump's bail outs were not, I do not support them. But you have no standing to condemn anyone that does.
I absolutely support this and I'm open to where we spend it.
Democrats, unbelievable.
You already spent it, many, many times over. Now you want to create another tax and spend it AGAIN. Unfricking believable
Bite me. I'm not a Democrat. Address me, not your boogeymen.
I directly addressed what you said. Stop posting that you're a Democrat if you're not one
So you are now on record being against Pedo Joe's infrastructure bill.So you oppose Pedo Joe's "infrastructure bill" now.Howsabout we not spend $20 billion on environmental justice bullshit instead? You have no problem with that, huh?Do you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
It's a start. Did you think adding to the debt was going to lower our debt?
Now you claim you will after defending Pedo Joe's "infrastructure" boondoggle.
Find where I supported spending $20 billion. I'll wait.
Got it.
If it's not paid for like how Trump's bail outs were not, I do not support them. But you have no standing to condemn anyone that does.
I have no standing? How so?
OMG, here are a few links that you are apparently too lazy or stupid to research before posting nonsense.Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.Don't just look at the tax, look at your 401K bump w/o high-frequency traders. Its a benefit, not a tax.
If I'm a buy and hold in my 401k, how does eliminating HFT give my 401k a bump?
HFTs don't "invest" they "steal" investments.
Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.
You just can't explain how they steal value
HFTs don't "invest" they "steal" investments.
Funnier every time you say it.
You have not covered how I have no standing. You can't, so you dodge.So you are now on record being against Pedo Joe's infrastructure bill.So you oppose Pedo Joe's "infrastructure bill" now.Howsabout we not spend $20 billion on environmental justice bullshit instead? You have no problem with that, huh?Do you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
It's a start. Did you think adding to the debt was going to lower our debt?
Now you claim you will after defending Pedo Joe's "infrastructure" boondoggle.
Find where I supported spending $20 billion. I'll wait.
Got it.
If it's not paid for like how Trump's bail outs were not, I do not support them. But you have no standing to condemn anyone that does.
I have no standing? How so?
I've covered how so in this thread already and I really don't give those with juvenile replies much time.
Your loss- not mine- everything I said is true- of course I'm willing to see your take on it- the gov't can only confiscate (steal) wealth- allegedly it can produce no wealth- but, it can help its crony's gain more wealth, by stealing your wealth and pretending to be helping you- show me where that's inaccurate.Sorry, I can't take any of this seriously.
OMG, here are a few links that you are apparently too lazy or stupid to research before posting nonsense.Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.Don't just look at the tax, look at your 401K bump w/o high-frequency traders. Its a benefit, not a tax.
If I'm a buy and hold in my 401k, how does eliminating HFT give my 401k a bump?
HFTs don't "invest" they "steal" investments.
Because the HFTs won't "front-run" any trades stealing value from buy-and-hold investors.
You just can't explain how they steal value
HFTs don't "invest" they "steal" investments.
Funnier every time you say it.
Front-Running Definition, Example, and Legality
Front-running is trading stocks or any asset based on insider knowledge of a future transaction that will affect its price. It is illegal in most cases.www.investopedia.com
Front Running
Front running is the illegal practice of purchasing a security based on advance non-public information regarding an expected large transactioncorporatefinanceinstitute.com
Front Running: Violating Securities Laws with Insider Trading
Front Running is a violation of securities laws that gives brokers and market makers an unfair advantage over the public.stopbrokerfraud.com
What's funny is that you can't prove your "point" with links, so you are just a whiner.
I absolutely support this and I'm open to where we spend it.
Democrats, unbelievable.
You already spent it, many, many times over. Now you want to create another tax and spend it AGAIN. Unfricking believable
Bite me. I'm not a Democrat. Address me, not your boogeymen.
I directly addressed what you said. Stop posting that you're a Democrat if you're not one
I wish you would grow up.
You know what is funny?Works for meI agree
Right now the super wealthy are only taxed on their income. They are clever enough not to claim income. We cannot touch their wealth.
A small fee on transactions (like a sales tax) will open up their wealth to taxation
most of the liberal wealthy elite make their money off transaction investments and don’t get hit with income tax. Better get sign off from them.
Of course it works for you assuming you are part of the liberal wealthy elite, you are one data point and/or very likely a small, skewed minority. Liberal wealthy elites don’t like their money being touched (taxed) which is why they go after income tax and hits Middle Class like myself.
Why not just ban high freq trading.....all it is, is skimmingDo you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
You have not covered how I have no standing. You can't, so you dodge.So you are now on record being against Pedo Joe's infrastructure bill.So you oppose Pedo Joe's "infrastructure bill" now.Howsabout we not spend $20 billion on environmental justice bullshit instead? You have no problem with that, huh?Do you think the few billion they claim this will raise is gonna lower our debt?All these taxes start to add up
Our debt isn't?
You really are stupid.
It's a start. Did you think adding to the debt was going to lower our debt?
Now you claim you will after defending Pedo Joe's "infrastructure" boondoggle.
Find where I supported spending $20 billion. I'll wait.
Got it.
If it's not paid for like how Trump's bail outs were not, I do not support them. But you have no standing to condemn anyone that does.
I have no standing? How so?
I've covered how so in this thread already and I really don't give those with juvenile replies much time.
Now, keep dodging.............it proves you are full of shit.