- Aug 28, 2016
- Reaction score
The government is more expensive than ever.Yes. Republicans have starved the government to the point where they can't feed the needy.ExactlyKind of being hyperbolic aren’t you?It is pure speculationInvest in business.
If people stop investing in business, who will provide the money for manufacturing, farming, commerce, mining? Big government? Is a bureaucrat or politician better at determining what a good idea to risk money at than investors in the market.
The idea of punishing people for doing the right thing and saving for their retirement doesn't seem to be very wise. How do you think having millions more impoverished seniors living in the homes of their younger relatives going to work out?
When you buy and sell stocks repeatedly you aren't investing in business, you buying and selling stocks. Pay sales tax.
Pay a fee on each transaction
I suppose that the millenials will have no problem supporting the old timers and having them in their homes when they are destitute?
To me, its best for people to save for their own retirement, instead of ending up as an indigent geezer.
I guess that's what libs want, however.
No, a small fee on transactions will not put old people in the poor house
It will keep the wealthy from protecting their riches
1% isn't a "small fee" at all. Its actually quite high will billions of shares of stock being traded on every business day.
Most pension funds trade stocks back and forth all the time, as checks are written, the formula gets out of balance and contributions are received. Stock purchases aren't a "one time " expense.
Think of the revenue that would be generated
It will become the cost of doing business
I am thinking about the revenue it would generate. Do you really think its that smart to make Big Government even wealthier and more powerful than they are right now?
It's the politicians that can't responsibly manage our tax dollars that are the problem