[quote=Aecetia]I think it is going to be difficult to define speculative trading from trading and anything that decreases money invested should work as a brake on what I still consider a fragile recovery. If you can show otherwise, then I would like to see how more transaction tax will stimulate Wall Street.[/quote]
Fraction of a penny tax on buying and selling double-inverse REIT ETF three times/day does not sound that cataclysmic to me.
Canceling school buses in Poway or Oceanside will certainly hurt more.
I’d make every effort not to stimulate Wall Street. Au contraire.
