Posted on 03/20/2012 3:44:21 PM PDT by greywar
Even small dis-incentives can drive economic activity to die off or move.
While discussing the near inevitability of a tax on buying or selling shares in a company (separate for already existing taxes for gains from those transaction) the German newspaper Der Speigel cites the British experiment with exactly this sort of tax:
To see why, one must look no further than the meager successes of the British stock exchange tax, which only applies to share transactions, which constitute a tiny portion of all financial transactions. Since the introduction of the "Stamp Duty Reserve Tax" of 0.5 percent on the sale price in 1986, many share transactions are no longer being handled on the exchange. Instead, they are traded directly between two parties in the form of a so-called Contract for Difference (CFD).
These CFDs precisely reflect the changes in the price of a stock, but they are not subject to any stock exchange tax. Ironically, a tax is now ensuring that backroom deals are flourishing while the underlying securities are no longer being publicly traded on the exchange.
The intended effect of the tax never happened and simply drove revenue elsewhere.
(Excerpt) Read more at zpatriot.com ...
So what seems to have caused you to excerpt your own blog, bub?
Maybe because I want to read it.
BTTT
Sorry, looks like someone already beat me to the answer there.
Please, feel free to read other things if you prefer.
“Stabilize” risk. As in the same vein as Directive 10-289?
Indeed avoiding any risk to anyone ever seems to be all the reason anyone in government needs to assert more control.
Thank god we are still allowed to drive. Had cars been invented right now the government would never let us have them. Too risky.
It was excerpted so you can read it?
Hello, McFly.. you're reading HERE. Somebody sending you
to another site is HELPING YOU TO READ IT? I think not.
The pimp could post it ALL right here so you could read it.
Don't be obtuse.
Fact is your garbage can't be read without providing a hit to your blog.
That makes you a blogpimp.
Why have you excerpted your own material?
Are you USING Free Republic to get hits for your blog?
My word, how scummy and dirty you are.
You’re the one being “obtuse” pal.
As I tried to explain to you yesterday, this is not your site and you don’t make the rules here.
If I want to read it, I’ll click on it.
Most blogs are not worth clicking on. Occasionally a few are. The choice is mine, not yours.
Got it?
Sir,
I have no idea what your issue is but please, feel free to never click on anything I post.
No. You stated that it was excerpted so you could read it.
Why would you not want to read it here?
this is not your site and you don’t make the rules here.
Please point out where I indicated that it was.
As I tried to explain to you yesterday, I dislike pimping.
You may like it to your heart's content. Knock yourself out.
That has NO BEARING on whether I like it or not. And I don't.
Blogpimps suck. And you are free to state that you think
blogpimps are the greatest thing since sliced bread. Got it?
The choice is mine, not yours.
Yep. And I'm not the one making posts objecting to your opinion.
Am I?
Don't excerpt your crap blog to get hits from FR's traffic.
Post the whole thing here.
Now you know. Easy, huh?
You’er making a serious mistake tangling with the gunner.....put down you’re sword...you won’t win this. Just some friendly advice.
Sir,
I am not fighting with anyone here. At all.
Please feel free to not click on or read my posts.
It’ll come in time...Gunner and others don’t cater much to bloggers who use FR to as they say..”pimp” their sites. I’m just saying...better you not, rather post your article in full.
You posted yesterday that because you contribute to the site you don't think you should have to read excerpted blog posts.
BTW, yes, I'd rather read them here.
Yep. And I'm not the one making posts objecting to your opinion.
I think you know better than to do that. ;-)
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