tax. every. trade.
If you mean a small tax per share when purchased then that would be a great idea. Make high frequency trading, that contributes zero to society, unprofitable. It wouldn’t hurt household investors as the tax would be small but it would hurt the assholes who manipulate prices through trading back and forth.
High frequency trading is fully automated insider trading done in broad daylight, but nothing gets done about it because most people don’t understand what it is. It shouldn’t be taxed; it should be illegal.
It’s a long and convoluted route from that to their 401ks not bring as plump as they could be. Indirect robbery of thousands is more palatable than being mugged for a few dollars.
The “Eat the rich” crowd continues to do absolutely nothing.
Unfortunately cannibalism is still unwelcome in society 😔
Just become rich, no need to eat anyone.
