"A 1% or less transaction tax on investment transactions would be far better than the horrors of the current system."
A 1% tax each time I bought and sold a stock?? When I'm trying desparately to make 10% a year?!?!?
You'd have to structure it to exempt investment transactions. Period. Absolute DOA non-starter otherwise. Capital flow would STOP, and other countries would fly right past us economically.
62 posted on 11/28/2004 9:16:50 AM PST by Eccl 10:2
(Pray, pray, pray that we as a people are deserving of godly leaders.)