The Trade Tax, Fear Index, and Obama’s Common Man

January 14 0 Comments Category: The Economy, UPIU

The latest proposal on the table from President-elect Obama’s advisers is taxing market trades. This is a spectacularly bad idea. In a recent article in The New York Times, op-ed columnist Bob Herbert laid out the reasons behind the recently proposed tax on “the sale or transfer of stocks, bonds and other financial assets, including the seemingly endless […]

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