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Search: Posts Made By: SMCJB
Forum: Traders Hideout August 12th, 2020, 12:12 PM
Replies: 60
Views: 16,513
Posted By SMCJB
Agreed so almost everybody they are really...

Agreed so almost everybody they are really targeting would be exempt and it would just become a tax on retail traders. Which in my opinion would completely defeat the point of the tax.
Wouldn't ICE...
Forum: Traders Hideout August 12th, 2020, 11:53 AM
Replies: 60
Views: 16,513
Posted By SMCJB
I agree definitely not as bad as some proposals....

I agree definitely not as bad as some proposals. I've always assumed that there would be exemptions. $13.48 per round turn tax on ES would really hurt market makers (and HFT) and would probably mean...
Forum: Traders Hideout August 12th, 2020, 11:38 AM
Replies: 60
Views: 16,513
Posted By SMCJB
Can't quote source but I believe that one of...

Can't quote source but I believe that one of Biden's suggestion is to make all capital gains taxed as income. The elimination of a lower taxed Long Term Capital Gains rate would eliminate Section...
Forum: Traders Hideout August 12th, 2020, 11:09 AM
Replies: 60
Views: 16,513
Posted By SMCJB
Just reading the Wall Street Journal and their...

Just reading the Wall Street Journal and their discussion on What Kamala Harris Means for Wall Street and Silicon Valley

Wall Street is happy about the signal it sends. Ms. Harris was the moderate...
Forum: Traders Hideout January 21st, 2020, 12:24 PM
Replies: 60
Views: 16,513
Posted By SMCJB
This is worse than a transaction tax. Already...

This is worse than a transaction tax. Already passed but not in effect to 2021. Financial Armageddon for German Traders.
...
Forum: Traders Hideout December 11th, 2019, 01:08 PM
Replies: 60
Views: 16,513
Posted By SMCJB
WSJ:- Germany Pushes Forward on European...

WSJ:- Germany Pushes Forward on European Financial Transactions Tax

https://www.wsj.com/articles/germany-pushes-forward-on-european-financial-transactions-tax-11576074482

Under a new blueprint...
Forum: Traders Hideout November 4th, 2019, 11:53 AM
Replies: 60
Views: 16,513
Posted By SMCJB
And if Brexit happens it would all move to...

And if Brexit happens it would all move to London!

From the article
It is less ambitious that the original plan covering derivatives and other financial instruments.
and
Initial public...
Forum: Traders Hideout November 3rd, 2019, 02:30 PM
Replies: 60
Views: 16,513
Posted By SMCJB
Yeah I saw that. I know the target of this is...

Yeah I saw that. I know the target of this is "the greed on Wall Street", "excessive speculation" and "all the Billionaires can afford to pay this small fee" but this would be devastating on so many...
Forum: Traders Hideout March 6th, 2019, 11:42 AM
Replies: 60
Views: 16,513
Posted By SMCJB
Hey xplorer. I saw you closed the duplicate FTT...

Hey xplorer. I saw you closed the duplicate FTT thread. Any chance you can move this one out of the Currency section and into a location more visible?
Forum: Traders Hideout March 6th, 2019, 11:35 AM
Replies: 60
Views: 16,513
Posted By SMCJB
Years ago a lot FTT talk was anti-HFT in nature....

Years ago a lot FTT talk was anti-HFT in nature. Now it seems to be aimed a lot more at 'Wall Street' and the people perceived to have the money. I think their goal will be to tax and reign in the...
Forum: Traders Hideout February 8th, 2019, 10:21 PM
Replies: 60
Views: 16,513
Posted By SMCJB
I believe the same applies in the US. The...

I believe the same applies in the US. The exchanges would move off shore.
Forum: Traders Hideout February 7th, 2019, 11:35 PM
Replies: 60
Views: 16,513
Posted By SMCJB
libtards??? FYI the article you refrence...

libtards???

FYI the article you refrence says
The tax plans come in various forms. Senator Elizabeth Warren of Massachusetts has proposed an annual 2 percent wealth tax on net worth of more than...
Forum: Traders Hideout July 9th, 2018, 07:28 AM
Replies: 60
Views: 16,513
Posted By SMCJB
In the event of a EU financial transaction tax I...

In the event of a EU financial transaction tax I think you will find that Switzerland immediately becomes the trading hub of Europe. I don't say this flippantly. I believe most if not all European...
Showing results 1 to 13 of 13

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