IMPORTANT Message for all Traders

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SUPER
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IMPORTANT Message for all Traders

Postby SUPER » 27 Feb 2009

Congress is trying to add a "Financial Transaction Tax" to the Economic Stimulus Bill. The tax would be a 0.25% tax on proceeds and purchases, which may equate to $25 round trip on e-minis.

Please sing petition against this proposed bill at:

http://www.rallycongress.com/no2tradertax/1536/

More Info:

http://www.govtrack.us/congress/billtex ... =h111-1068

drwar
Posts: 218
Joined: 31 Jul 2005

Re: IMPORTANT Message for all Traders

Postby drwar » 27 Feb 2009

[quote]Congress is trying to add a "Financial Transaction Tax" to the Economic Stimulus Bill. The tax would be a 0.25% tax on proceeds and purchases, which may equate to $25 round trip on e-minis.

Please sing petition against this proposed bill at:

http://www.rallycongress.com/no2tradertax/1536/

More Info:

http://www.govtrack.us/congress/billtex ... =h111-1068[/quote]


Your numbers are incorrect. Lets use for round numbers ES at 800
.25 x 800 x $50/pt = $100 per side or $200 round turn its designed to force the small traders out of the market and let the Big money and elite
have complete control.

J~

bowlesj3
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Postby bowlesj3 » 12 Apr 2009

Any recent news on this? When should we tune in again?


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