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The European "bank speculation tax"

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A post of a ranting nature...

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Tossek

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Hello,

Apparently most of the EU members want to introduce a "bank speculation tax". The idea was introduced in the financial crises to counter speculative moves. The planned idea is to tax 0.2% out of the traded order. So everytime you have 99.8% left.

And now the plans were slightly changed. The tax shall just apply to standard stock KD and not to derivatives. Ah and ... just for private investors. The want to except banks and professionals.

AYFKM? So in the end buy and hold will get the standard then. Stock retirement will be charged as well btw ...



Seriously? What do they intend when they make such planning? I don't understand it.
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

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"SCALED TO 6-FIGURE MONTHS"
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"INSANE QUALITY OF PEOPLE"
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"You are the average of the five people you surround yourself with."
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