General Discussion

cbdo2007

(9,213 posts)

37. The market is stable over the long term.

Reply to joeunderdog (Reply #2)

Wed Dec 5, 2012, 01:13 PM

Dec 2012

Instability over the short term only hurts traders.

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64 replies

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Eliot Spitzer: Tax the Traders! It Would Solve Economic Crisis and Stop Reckless Activity [View all] marmar Dec 2012 OP

Have to run, but K&R and more later, I hope. n/t Egalitarian Thug Dec 2012 #1

It will help to stabilize and normalize the market. joeunderdog Dec 2012 #2

I like your enthusiasm but the ball is in our court. It's Wall Street that are saying rhett o rick Dec 2012 #5

Nailed it. russspeakeasy Dec 2012 #12

The market is stable over the long term. cbdo2007 Dec 2012 #37

This just absolutely needs to be done. And I invest in stocks. But it's just self evident. Squinch Dec 2012 #3

Wonder if the could do it via a state or local (NY) sales tax? LeftInTX Dec 2012 #4

Many trades are done automatically adieu Dec 2012 #11

So smart libodem Dec 2012 #6

I can't rec this enough dreamnightwind Dec 2012 #7

LMSP kicking...n/t littlemissmartypants Dec 2012 #8

This message was self-deleted by its author AnotherMcIntosh Dec 2012 #9

This message was self-deleted by its author eugene jones Dec 2012 #10

it's a dumb idea Vox Populi Dec 2012 #13

"Eliot Spitzer ill-informed on financial markets" ???? Dude, what are you smoking? 99th_Monkey Dec 2012 #16

huh? Vox Populi Dec 2012 #20

Fortunately, your opening assertion about Spitzer being "ill-informed" 99th_Monkey Dec 2012 #22

Vox Populi pwned. Dark n Stormy Knight Dec 2012 #29

**snap** I forgot to say "welcome to DU" 99th_Monkey Dec 2012 #30

here's why it's a dumb idea Vox Populi Dec 2012 #34

I trust Mr. Spitzer's expertise on this subject far more than I do yours 99th_Monkey Dec 2012 #64

Planned enforcement of the Stamp Act in America was met with a shrug. ieoeja Dec 2012 #45

The flat tax sulphurdunn Dec 2012 #23

Utterly absurd. Not one of your statements is even remotely true. n/t Egalitarian Thug Dec 2012 #32

you sound like a low-information teabagger Vox Populi Dec 2012 #35

Was there something confusing about "Not one of your statements is even remotely true"? Egalitarian Thug Dec 2012 #56

Post removed Post removed Dec 2012 #58

You post is there for all to see and I quoted it directly. Egalitarian Thug Dec 2012 #61

Your speculations are based on unsupported theory. bvar22 Dec 2012 #36

here's some facts Vox Populi Dec 2012 #38

Thank You for your Return Address!!!! bvar22 Dec 2012 #39

no, you don't Vox Populi Dec 2012 #40

Yes I do. Fair Game! bvar22 Dec 2012 #41

you don't make sense Vox Populi Dec 2012 #42

Admittedly, I was in error. bvar22 Dec 2012 #43

lol - are you some kind of conspiracy nut? Vox Populi Dec 2012 #44

2 Strawman Logical Fallacies in one post! bvar22 Dec 2012 #46

whatever Vox Populi Dec 2012 #47

You're "done" OK, bvar22 Dec 2012 #50

I agree with Vox Populi on his proposals. I also agree that the general attitude displayed AikidoSoul Dec 2012 #48

+1 Squinch Dec 2012 #52

thanks man Vox Populi Dec 2012 #54

Do you have any idea how many degrees and decades of experience you are poo-pooing Egalitarian Thug Dec 2012 #62

But if it were applied as described in the article, a fee for every $100 Squinch Dec 2012 #51

let me clarify Vox Populi Dec 2012 #55

So you are saying that it would be better to apply a fee on # of shares transacted than Squinch Dec 2012 #57

no - just that it has more chance of working Vox Populi Dec 2012 #59

Thanks! That does improve my understanding of this. And again, welcome. Squinch Dec 2012 #60

Bottomline ... 1StrongBlackMan Dec 2012 #14

YES!!! This should be self-evident and obvious to anyone 99th_Monkey Dec 2012 #15

Several Industrialized nations have such a tax; it's not hard to figure out. byeya Dec 2012 #17

I'd actually be more in favor of a tax hike on capital gains. 25% tax rate on gains over $100,000. Selatius Dec 2012 #18

No one is suggesting going back to previous years, when there was a difference in the tax owed.... northoftheborder Dec 2012 #24

I agree with you that rewarding longer term investments is a good idea AikidoSoul Dec 2012 #49

The market needs both to maintain liquidity, in my opinion. However... Selatius Dec 2012 #53

HUGE K & R !!! - Thank You !!! WillyT Dec 2012 #19

Neat and simple idea, Grey Dec 2012 #21

First heard about this from some nice nurses, a short time back. Octafish Dec 2012 #25

K+R limpyhobbler Dec 2012 #26

Maybe he good get Sen. Warren to sponsor this and dae Dec 2012 #27

A tax on financial transactions is self-evident PufPuf23 Dec 2012 #28

Even a .25% across-the-board federal transaction tax would be sufficient. Egalitarian Thug Dec 2012 #31

K&R. I wrote to my congresspeople saying that until this has been tried there is no reason at all to Overseas Dec 2012 #33

Meanwhile in Europe: EU Moves Ahead With Transaction Tax in Rejecting U.K. Changes pampango Dec 2012 #63