The end of day trading
70 bucks to daytrade 1 mini S&P!!!!
Points
- Among Bloomberg’s proposed Wall Street reforms is a 0.1% tax on all financial transactions, including stocks, bonds and payments on derivate contracts.
- The tax would be phased in over time, scaling up from 0.02% “to monitor and minimize any unintended consequences.”
- The idea moves Bloomberg closer to other progressive candidates like Vermont Sen. Bernie Sanders, who has for years championed a similar tax.
- Some, including the U.S. Chamber of Commerce, argue that transaction taxes are regressive, driving up the amount everyday investors pay on their retirement savings.
https://www.cnbc.com...cks-trades.html