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Do you know who those 47% are?
Many are students, who will be paying taxes in the future.
Many are retired people who have paid taxes for many years.
Many are disabled, who would love to be "whole", and be able to work and pay taxes.
Many are unemployed who are looking for a job, and would love to w...more
What about taxes?
Romney's tax plan would eliminate taxes on capital gains, interest, and dividends
Also eliminate taxes on inheritance.
But, I will bet that those plans would exclude the tax elimination on 401K's and IRA's.
Also inheritance of a 401K or IRA would retain the same tax implications that they curr...more
The SEC has totally given up any pretense at regulating the markets to maintain a level field for ALL investors. The SEC does not care about investors...they only care about traders.
The leadership of the SEC belongs in prison, as they are far more corrupt than Bernie Madoff!
Romney is wrong....the rich do not create jobs, consumers create jobs.
The rich are not going to build factories or hire more workers unless someone is buying their goods and services. No mater how much you reduce taxes for the rich, no new jobs will be created.
Why don't people understand that?
What is wrong with what Rommney said, is he said that he did not care about the 47%.
We may have the most progrssive tax system in the free world, but we also have the lowest tax rates in the free world.
one hundredth of a penny would hardly impact the HFT's.
As stock is almost never quoted at less than a penny, as the least significant digit I do not see how a hundreth of a peeny would have any impact on HFT'.
Yes. the HFT's gain is at a fraction of a penny, but that includes trading costs. So they are really ...more
If you read the SEC's WEB site you will see that there missions is as follows:
The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
As more and more first-time investors turn to the m...more
All the SEC needs to do is charge a one penny per share per trade "users fee" (this is not a tax!). Use the fee to enhance the SEC enforcement activities.
This would eliminate most HFT, add enforcement to catch ponzi schemes, and other illegal activity, provide for fair and orderly markets.