To: blam
How many transactions would move overseas? There would be a great profit in setting up offshore accounts or offshore mutual funds. Even if I have to pay the tax to buy the mutual fund, all transactions inside the fund will be tax free. If this tax passes the just shut down Wall Street except as a place to distribute advertising brochures for London's, Cayman Islands', or even communist Hong Kong's stock markets.
3 posted on
12/21/2009 7:11:15 AM PST by
KarlInOhio
(Gore is the fifth horseman of the apocalypse. He rides an icy horse bringing cold wherever he goes.)
To: KarlInOhio
How many transactions would move overseas? All of mine have. I have Gone Galt.
Screw the Coup.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
14 posted on
12/21/2009 9:09:51 AM PST by
The Comedian
(Evil can only succeed if good men don't point at it and laugh.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson