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.)
To: KarlInOhio
This is why they want to get rid of cash. They want to be able to nick you every time you spend a penny. They can’t do that with cash.
32 posted on
09/13/2017 4:59:54 AM PDT by
E. Pluribus Unum
( "If fascism ever comes to America, it will be called liberalism." --Ronald Reagan)
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