To: 2ndDivisionVet
...financial transaction taxes... "I see you have some money there. Give it to me."
22 posted on
09/12/2017 5:59:47 PM PDT by
E. Pluribus Unum
( "If fascism ever comes to America, it will be called liberalism." --Ronald Reagan)
To: E. Pluribus Unum
Every financial transaction tax proposal I've seen falls apart under dynamic analysis. If you have billions of transactions being run by computers to take advantage of price differences of a fraction of a cent they will be eliminated or moved to off shore computers by a one cent transaction tax. So if, as usual, the government budgets and spends based on static analysis they will have to quickly raise the tax to painful levels on transactions that can't be moved like paychecks.
28 posted on
09/12/2017 7:58:17 PM PDT by
KarlInOhio
(The Whig Party died when it fled the great fight of its century. Ditto for the Republicans now.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson