Taxes on bank transactions : For or against?
by 
PrairieWind
ANSWERS: 5
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I'm strongly against it.
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defiantly against
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against, were taxed too much as it is...
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Very much against. . What makes me sad is that so many people believe that Congress can produce a tax that will only affect 'the rich' or 'corporations' or (I am guessing here) 'banks'. . Consumers pay the tax in the end. Always.
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That depends what you mean by "bank transactions". If you mean taxing ordinary deposit/withdrawal/funds transfer, then no. If you mean *investment banking*, i.e. securities transactions, then I'm all for it. The financial markets are in dire need of taxes, regulations, etc. that reduce leverage and slow down the speed of trading to something resembling economic reality.
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