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Dems proposing FTT (Financial Trading Tax), again


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Dems proposing FTT (Financial Trading Tax), again

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  #1 (permalink)
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Posts: 35 since Jan 2010
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Once again, Democrats are proposing a financial Trading Tax, aka Tobin Tax. This time 0.1%. Of course, DeFazio approves.

No chance of it passing within the next two years. But the Dems keep trying this nonsensical idea. HFT (high Frquency Traders) didn't cause the financial collapse in 2008. It was off exchange dealing that did.

Can't post links yet but look for WTSA bill (Wall Street Tax Act of 2019) proposed by SCHATZ of Hawaii

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Hi DmanX

This topic is already being discussed here



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