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Ford Motor Co. Message Board

  • billsj2000 billsj2000 May 6, 2013 4:07 PM Flag

    Tax High Speed Trades!

    Simple. The Federal Government could/should impose a sales tax of say, 0.50 cents for every stock sale or purchase. Wouldn't affect ordinary buyers much, and would generate revenue, and high volume traders would think twice before trading millions of shares per day. Like it? Lowest

    Sentiment: Hold

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    • Something to think about esp. the HFTers, but only .50 per sale? It would have to be a graduated cost to volume to have any deterence at all and only for the HFT's. It won't happen thow because the big traders own Washington. Good idea and something to look at. By the way Ford ia moving ever so slowly, but it's North anyway.........

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