Minichan

Topic: What if Bernies wall street tax somehow ruins 401s?

Anonymous A started this discussion 6 years ago #90,404

https://www.npr.org/2016/02/12/466465333/sanders-favors-a-speculation-tax-on-big-wall-street-firms-what-is-that

Anonymous A (OP) double-posted this 6 years ago, 2 minutes later[^] [v] #1,029,602

The article does not address this question but math 101, take money out and what are the ramifications.

Anonymous B joined in and replied with this 6 years ago, 4 minutes later, 7 minutes after the original post[^] [v] #1,029,605

In this article people speculate about what effect a speculation tax will have on future speculation. The answer: We can only speculate.

Anonymous A (OP) replied with this 6 years ago, 22 minutes later, 29 minutes after the original post[^] [v] #1,029,615

Tax on Wall Street speculation

It's just a tax and he's going to tax every trade that these brokers make who manage millions of middle class Americans' retirement plans.


what could possible go wrong?

His claims this tax will pay for 'free' college for millions of people (and you know he wants illegals to be in that group too) AND repay ALL existing college loan balances currently due nation wide.


ALL that money from taxing stock market revenue ( share buys, share sells, etc) is going to adversely affect the retirement account payouts negatively, no fucking way it wont.

Meta !Sober//iZs joined in and replied with this 6 years ago, 6 minutes later, 36 minutes after the original post[^] [v] #1,029,617

They'll just go incorporate themselves in the Cayman Islands and speculate on the London Stock Exchange instead. This is what people don't understand: you can't tax the ultra rich. You can tax the shit out of the petite bourgeoisie but the big bourgeoisie you can't touch.

tteh !MemesToDNA joined in and replied with this 6 years ago, 6 minutes later, 42 minutes after the original post[^] [v] #1,029,621

The request has not been applied because it lacks valid authentication credentials for the target resource.

Anonymous E joined in and replied with this 6 years ago, 9 minutes later, 52 minutes after the original post[^] [v] #1,029,625

@1,029,605 (B)

> In this article people speculate about what effect a speculation tax will have on future speculation. The answer: We can only speculate.

Anonymous B replied with this 6 years ago, 5 hours later, 6 hours after the original post[^] [v] #1,029,710

@1,029,617 (Meta !Sober//iZs)
I feel like you would have been one of the people pulling for King Louis during the French revolution and laughing about how Queen Marie Antoinette wore a funny --necklace-- jacket once.
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