Anger over trading tax
Wall Street's blood boils when you mention trading taxes. TheStreet.com estimates that even a 0.005 percent tax could amount to $76 billion a year in tax revenue. To some, this is a reasonable and even prudent fiscal move. "If there is any concept as detestable to the market as the trader tax itself, it is the concept of giving a portion of annual financial firm profits to social programs." Wall Street is just not into it. Article
Comments