Financial Transaction Tax Explained: Pros and Cons, Forex, High Frequency Trading (2011)
A financial transaction tax is a levy placed on a specific type of monetary transaction for a particular purpose. The concept has been most commonly associated ...
america 30 ver 1 ftt 1
Word of the Day: Financial Transaction Tax (FTT)
A financial transaction tax is a tax placed on a specific type of financial transaction for a specific purpose. This term has been most commonly associated with the ...
evolution is evolution, stop with the political correctness. guys were
built over the past 100,000 years to be attracted to good looking
females...get over it. Having "respect for smart and financially sound
women" represents about the last .0001% of the time that males and females
have been interacting. Females respond to protection and safety, males
respond to health and beauty.
When you tax the business sector, the engine of the economy you stifle &
kill the economy not revive it & then how we gonna pay off over 14 trillion
in debt? MORON 1.00 USD = 31.2325 RUB (Russian currency is worth 31 times
less than USD because they implemented Lauren's philosophy of Financial
Transaction Tax).
@verbalswordsman yeah, we probably are all genius like and and, speak/write
3 languages... Im not English and i am not living in a english
country....thanks for the stupid comment about gramatical errors... what a
dork you are really.
I have been hearing people talk about a TAX REVOLT, what does that word
mean? I am pretty hungry and horny for a dog brained man, not quite a Bill
Clinton. what does Pussy Property value (PPV) mean, and has that hit a
bubble?
RT reminds me of CNN. Why not have hosts that do their own news and
research? The hosts are all jar heads when it comes to talking about what
THEY know.(which is nothing). Like obama reading other peoples scripts.
@langwaywastheking economy is based on speculation because future is
ultimately unknown and to run a successful business one MUST speculate, big
deal! What's wrong with speculation, yeah I wanna hear that!
comment here only shows how stupid most guys are really...low, degrating
and immature...Feel bad for lauren, poor girls having to go those retarded
comments all day to find like 1 with some sens...lmao
@Armando7654 Wall Street speculation has NOTHING to do with improving the
economy. How is this worse for the economy than a VAT or regressive payroll
& State/Local Income taxes?
Have some respect for Women you dumbfucks ....Especially Smart intelligent
women like Lauren...I think you are doing a great job Lauren...Educate
these morons
Flight Test THAAD-06 (FTT-06) MDA (January 19, 2007)
Aerojet successfully demonstrated its boost motor capabilities when the U.S. Missile Defense Agency and Lockheed Martin conducted a successful flight test of ...
Why a Financial Transaction Tax?
Sarah Anderson: 0.25% tax on financial transactions could raise $150 billion a year in the US alone.
Paul asks in the intro "how is all of this going to be paid for?" This is a
false framing of the issue. A gov't with a sovereign currency has no
problems "paying for" things. The only concern with gov't spending is
causing inflation, not lack of revenue. Taxes destroy money. Gov't spending
creates it. That said, a Wall St trading tax seems like one good way to
deal with economic rent-seeking. Excise or higher property taxes could be
other options to combat the rentiers and wealth disparity.
@slobomotion In the past 20 years there was NO transaction tax. Ever wonder
why the rich French people all move to Monaco and other tax free spots?
France was a colonial superpower and by stealing from people around the
world they built their wealth reserves (same goes for Britain, Netherlands,
Spain and some others). Explain to me how a tax that was supposed to apply
to large banks excluded them altogether, Sarkozy directly lied to the
people and now you're applauding that.
@WhatsReallyGoingOnUS Sure as hell won't be FINANCIAL FREEDOM, for one
thing! Besides, isn't supposedly sacrificing "liberty" in this case worth
it to make sure that folks who bust their asses but still can barely make
ends meet actually don't go to the poorhouse and have REAL chances at the
same opportunities a lot of middle-class and rich folks have a noble goal?
WHO ELSE IS GONNA PICK UP THE SLACK? The "free market" sure as fuck won't
provide those opps. on its own.
@infiltr80r I detest Sarkozy. I was invited to the Palace in 2010, passed
security (took weeks) and at the front door said NO and walked away. I hope
he got the message! I worked briefly for Chirac and it made me SICK. Many
rich French do not actually MOVE to tax havens, they stay in France and get
citizenships there (Monaco is very hard, Switzerland doable if you have a
lot of money.) France has a lot wrong with it, past and present. I am
American-born, by the way.
@WhatsReallyGoingOnUS Your definition of "liberty" is pro-business robber
baron shill bullshit from the pre-New Deal era. It's a DISTORTED definition
that makes absolutely no sense unless you're rich (to an extent). I don't
know HOW you can say with a straight face that, say, eliminating UI for
workers who just got laid off but still are hard-working and want to find a
replacement job but need some income to tide them over in the meantime will
"increase freedom."
@WhatsReallyGoingOnUS And no, they're not "dependent" by a LONG SHOT. The
REAL FACTS on most recipients of American welfare programs show that the
vast majority of them ARE hard-working Americans who have jobs or want jobs
but still have trouble getting by because of not being able to get a decent
education or lack of good jobs in the area, for example. You guys have
developed an awfully WEIRD and misinformed view about WHO actually uses
these benefits. Why?
In my opinion if this tax is that low compared to how it would affect the
productivity of a country it is solely due to the opposition from the so
powerful parasites that benefit from this without producing anything... Any
real producer would also be affected of course but it would mostly be
rewarded by the stable and growing economy's benefits... So yes, to me
there is no other reason to tax so low than the fact that we let the
powerful enforce that on us.
@sk8tafrnk I've had so many American visitors over here who needed to see a
doctor, to renew their meds, to see a dentist, to get glasses, and when I
took them and they saw how cheap it is and how good the care is, they were
stupefied. All their "anti-socialism" sentiments flew out the window. I
live in the birthplace of Communism and our services are fantastic.
Culture, social workers to sort things out for you, it's all free. In a
manner of speaking.
@WhatsReallyGoingOnUS Go back to the 19th Century with your outdated, silly
libertarian bullshit that's never been proven to work, esp. in 2011. Your
"solutions" are defeatist nonsense. Rolling back government everywhere
because you think it "doesn't work" is NOT a solution! Finding innovative
ways to make government MORE EFFICIENT on issues like social insurance IS
the way to go. ;) Libertarianism is too simplistic. The talking points are
such bs.
@hunden8404 My husband's family were low-level nobles but back in the late
15th century said screw it. They were tired of paying fealty and being
marched off to war. They carried on in Brittany, France as mere farmers and
have been ever since. There are two other families in that region who did
the same thing. They just said screw it and paid a fee to get out of that
mess. Good for them. They just wanted to till the land and not be pawns.
@WhatsReallyGoingOnUS ...Can someone explain to me how decreasing social
safety nets for people who are just barely getting by (esp. for EXPENSIVE
shit like healthcare when they have preexisting conditions) but work their
asses off in 2 or 3 jobs a day just to afford basic necessities is "more
freedom"? How GUTTING programs like Medicare and SS to make sure that the
poor don't go into poverty and can retire securely is "more liberty"?
we all know these bankers make too much money. Now these blonde bitch fools
come up with a way to punish them: a FTT. But what the fools do not
understand is that the FTT is just propaganda put out there by the bankers
themselves. A FTT will put a small trader out of business, will tax the tax
payer even more and the bankers will just get richer. Go ahead you dumb
blonde bitches, Go change the world where your bird brain leads u to.
@WhatsReallyGoingOnUS Less, less less... I agree you definitely need less
military spending, but less taxes? What's going to pay for police, fire,
roads, water pipes, sewage, postal services, etc., etc? This is what
government is FOR. People aren't all just going to magically be great to
each other because government (bought or otherwise) is suddenly gone. There
needs to be smart, representative government and the rule of law upheld.
fools! a FTT is just what the banks want. Trading is a zero sum game. No
money is made here. The money is made when these banks print money for an
IPO for instance. People are so stupid. They make the dumb fools ask for a
FTT (just like they asked to invade Iraq while the US attacked the WTC
themselves) while the trading is not the problem and WORSE! a FTT is a tax
on the pensions of the tax payers. What a dumb bitch. Blonde ofcourse
@slobomotion People in the U.S. just have no idea what's going on. Like in
France, your economic system is more controlled by the people. You guys
have seen this in action so you know it works. In the U.S., plenty of
people think that a more socialist government is going to turn us into Nazi
Germany haha. Even though that's more so the path we're traveling down now.
Nobody in the U.S. bothers reading things for themselves
I seriously don't see the problem. This sounds like a great idea to me.
Unfortunately America is a bunch of greedy assholes that are bought by all
the forces that the occupy movement is fighting against. As long as there
is too much money in politics, then we will never be less corrupt. This
sounds like a tiny little tax to me and yet they just won't tax the wealthy
one little bit to help the economy. it's disgusting !
@Waterfall714 Well, France has been a real eye-opener for me. I used to
have a really Anglo-Saxon point of view which was very narrow, I now
realize. In the USA in the past, the rich felt happy to pay up to 90% in
taxes. My first husband, Mr. KMart, was proud to be in the 50% tax bracket
and was upset when Reagan got elected. They still got plenty rich and kept
most of it even with high taxation. Americans forget this!
@sk8tafrnk Of course spending and borrowing have to be reduced and then
taxes have to be raised, and if you crush the middle class no one is going
to benefit. I'm American and often get very bugged by the French (and
Europeans) but they seem often way more mature than Americans. People tend
to be really calm over here, too. I dunno what all these stories are about
panic over here but I just don't see that.
@StraussBR "capital flight" It's nice to know exactly how patriotic the
financial institutions really are. They support politicians who tell the
public that it's their patriotic duty to risk life and limb in foreign wars
but when it comes to paying a quarter of penny on the dollar in tax they
all threaten to flee the country taking their ill gotten gains with them.
@WhatsReallyGoingOnUS US Banks and Corporations are sitting on tens of
trillions of dollars, while over 40 million Americans live below the
poverty level. Yet Bank of American Corporation offloaded another
40+trillion on to American taxpayers by transferring its toxic assets to
FDIC insured bank susidiaries. So much for the FREE MARKET race to the
bottom!
I'm a trader. I already pay tax on income, dividends + the SEC fee which is
on every transaction. I pay data fees and brokerage commissions too, with
this tax I wouldn't pay any of that as it would put me out of business -
some brokerage worker would have to take a pay cut because of losing my
business, you never thought of that I bet.
@whoo689 To answer your 'Why', its our MAINSTREAM MEDIA. Not just FAUX
NEWS, but ALL of them. The BANKS are the OWNERS of the MEDIA, and use the
MEDIA to keep the american middle class IN THE DARK and MISINFORMED. This
is a corporatist CONSPIRACY, but noone seems to notice nor care.
@WhatsReallyGoingOnUS Is it because if you DO admit that most people who
make use of these programs AREN'T "poor, lazy, dependent bums", as you
might refer to them, then you'll have to admit that these programs DO serve
a purpose, and that the "free market" doesn't always work??
Okay....let's see if I got this right: Obama is a leadership failure for
successful economics at home in the USA, so he sends a pimp abroad
representing toxic financial business to wish others well to protect
themselves from catching and spreading American economics AIDS?
@WhatsReallyGoingOnUS Besides, the American welfare state is pretty meager,
esp. compared to the rest of the world. Benefits really aren't THAT
generous here, but you morons act like people can VACATION on unemployment
and sit around the house all day. WRONG
0.25% seems excessive. That's almost double the total brokerage fees and
commissions I pay (0.1359%) as a small ($10,000 total stocks) investor.
It's likely ten times more than what "real" investors pay. Something around
0.01% would be more reasonable.
The Interview Movie Clip: Frodo Baggins (ft. Seth Rogen & James Franco)
They've just landed the biggest interview of their lives! Together as a team, they'll travel to North Korea to interview Kim Jong-un! In Select Theaters on 25 ...
Look everyone has their own opinions, but I liked it. If you like Seth Rogen and James Franco's previous stuff, then this is a film for you, but if not, then its very unlikely you will find it funny.