Once again, Democrats are proposing a financial Trading Tax, aka Tobin Tax. This time 0.1%. Of course, DeFazio approves.

No chance of it passing within the next two years. But the Dems keep trying this nonsensical idea. HFT (high Frquency Traders) didn't cause the financial collapse in 2008. It was off exchange dealing that did.

Can't post links yet but look for WTSA bill (Wall Street Tax Act of 2019) proposed by SCHATZ of Hawaii

Hi DmanX

This topic is already being discussed here

financial transaction tax Europe is trying to get a financial transaction tax passed (10 countries) and it could happen here with a Democratic congress. Here is what Europe is trying to do for derivitives (I assume futures would be included) Derivatives account for more …