[Age of Reason]

With the plan I support he would pay tax on brokerage fees but not on the instruments themselves

And I suppose your plan will just charge a tax on the salesman's commision, and not on the price of the suit or sofa or TV?

[Bigun]

And I suppose your plan will just charge a tax on the salesman's commision, and not on the price of the suit or sofa or TV?

Nope! Just the opposite in fact! NO tax on the salesmans commission but the suits, sofas, and TVs ARE taxed IF they are new and previously untaxed and NOT purchased by legitimate businesses for resale!

Tax it ONCE but ONLY once is the key!