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Old 02-22-2009, 06:30 PM   #41

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

Would currency trading fall under the purview of this proposed tax?
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Old 02-23-2009, 04:52 AM   #42

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

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Would currency trading fall under the purview of this proposed tax?
Not as I understand it.


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Old 02-23-2009, 12:58 PM   #43

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

Lets face it.... if it did pass there would be a massive flight to the forex markets overnight.
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Old 02-23-2009, 01:57 PM   #44

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

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Originally Posted by daedalus »
Lets face it.... if it did pass there would be a massive flight to the forex markets overnight.
Forex and other exchanges that don't have this extra fee.

Hopefully someone is wise enough to realize that before this even has a chance to see some movement.
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Old 02-26-2009, 12:26 PM   #45

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

Has anyone heard an update on the traders transaction tax?

FWIW, I keep checking updates on http://www.VoteNo1068.com/
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Old 03-05-2009, 11:40 PM   #46

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

Joe public shares/emboldens his strong sentiment

http://www.cnbc.com/id/15840232?video=1051076486&play=1
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Old 09-08-2009, 11:38 PM   #47

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

New attempts for proposing a Transaction Taxes are being formed:

http://thehill.com/homenews/house/56...all-street-tax

The site below has some important details on the transaction tax and what to do to prevent it from passing into legislation.

url=http://www.greencompany.com/blog/index.php?postid=29

The information from a discussion on the transaction tax is available through a podcast from this link:

[media]http://www.greencompany.com/EducationCenter/ConfCall/GreenTraderTaxConfCall090 309.mp3[/media]
This is going to a fight. Information for the bill - H.R. 3379 and for H.R. 1068 can be found here: THOMAS (Library of Congress) by selecting 'Bill Number' and including H.R. in search.
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Old 11-11-2009, 10:01 AM   #48

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Re: Let Wall Street Pay for Wall Street's Bailout Act of 2009 (Introduced in House)

This site has consistently provided information related to the Transaction Tax and updates the information on a frequent basis.

There is a newly published article here referring to developments at the G-20 meeting.

The information seems positive - but legislative sentiment can always turn.

Financial-transaction tax is dead on arrival globally, which is good news locally - GreenTrader Weblog
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