[Jonty30]

From what I’ve read, it’s not an income tax either, but a tax for moving money.

It’s not going to work, because it would stop trading dead in its tracks.

[agincourt1415]

You're wrong, I have been in the industry, stocks and forex trading. Nobody is going to complain about losing the capital gains tax, and adding a tiny .03 tax on transactions.

Traders are not stupid, in fact, overseas trading will move back to the United States.

No need for secret accounts and such.

Since the United States will have no income or capital gains tax.