Congressional Democrats’ newly-unveiled economic proposals,
likely to reverberate into the 2106 presidential race, continue the
drumbeat of class warfare and economic contraction. However
well-intentioned, their plan to increase taxes on stock trading would
stifle growth and incentivize investors to move their capital overseas.
While billing themselves as “progressive,” their plan conjures a twist on President Obama’s 2012 foreign policy insult: “The 1980s are calling, and they want their market inefficiencies and liquidity reduction back.”
As professors Charles Jones of Columbia Business School and Erik Sirri of Babson College point out in research for the U.S. Chamber of Commerce, “Twenty years ago, buying a few hundred shares of stock would have taken several minutes and could have easily cost over $100. Today, this trade can happen in seconds with the click of a mouse and is likely to cost less than $10.” Democrats want to change all that, to the detriment of the American economy in four major areas:
Read more Click Here / www.trade4x.net
While billing themselves as “progressive,” their plan conjures a twist on President Obama’s 2012 foreign policy insult: “The 1980s are calling, and they want their market inefficiencies and liquidity reduction back.”
As professors Charles Jones of Columbia Business School and Erik Sirri of Babson College point out in research for the U.S. Chamber of Commerce, “Twenty years ago, buying a few hundred shares of stock would have taken several minutes and could have easily cost over $100. Today, this trade can happen in seconds with the click of a mouse and is likely to cost less than $10.” Democrats want to change all that, to the detriment of the American economy in four major areas:
Read more Click Here / www.trade4x.net
No comments:
Post a Comment