Taxes and more TAXES as our $ continues to fall and no mercy in sight! Yikes!
OK, this talk has been around, and we have heard it for quite awhile~~NOW, its regaining steam! And we may get this on top of the other proposed changes on capital gains and more, in addition to what HealthCare Reform brings!!! Is TAXES the answer to everything for the Democrats? GEEZ~
==>>Democrats eye stock trade tax
By Mike Soraghan - 11/17/09 08:46 PM ET
House Democratic leaders are considering imposing a new tax on stock transactions to fund a jobs bill, leadership sources tell The Hill. use link to view in full
- Leading financial lobbyists say the tax would harm the economy (just logical common sense ya know)
- “It would impact all Americans, from retirees to [the] self-employed to parents saving for their kids’ education. It would place permanent handcuffs on the economy,” said Scott Talbott, senior vice president at the Financial Services Roundtable, which represents 100 large financial companies”
Time to remember this link, and speak your piece, contact your representatives, congress and senators!….This change will kill traders and investing, not the big Boyzz~~It is starting to look like more then just talk, so take a stand for what you believe in~~
Tell Congress to Block the Trader Tax
If thats not enough to get your attention, how about the gulp=gulp recent piece in the WSJ??? Here’s another piece on that story
The Coming 69% Capital Gains Tax Increase May Be Even Higher
House Democrats are funding their new entitlement with a 5.4% surtax on incomes above $500,000 for
