Friday, February 20, 2009

0.25% Tax on Stocks, Options and Futures Transactions

H.R. 1068 is an amendment being proposed in Congress to add a 0.25% tax on all stock, options and futures transactions. This tax may eliminate me as a trader, or force me to increase my holding time, which would also increase my risks. If you are against this tax, this site has a petition that you can sign, and also a nice form letter that can be used to vote NO for this amendment.

Contacting your Congressperson

Contacting your Senator

Charles

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