Uniontown Pennsylvania Message Forums - WWW.UNIONTOWN.COM

TOBIN TAX- YOU KNOW THE BANKSTERS LIKE GOLDMAN SACHS? HOW ABOUT A 1% TAX ON EVERY TRADE. THE ORIGINAL PURPOSE WAS TO INVEST AND BUILD UP A CORPORATION TRADERS JUST HAVE NO INTEREST BEYOND WHAT THEY CAN MAKE THAT DAY...1% WEBSTER TARPLEY AT TARPLEY.NET HAS A PLAN THAT WILL WORK, SAVE THIS COUNTRY AND GIVE US AND OUR CHILDREN A CHANCE AGAIN. READ THESE IDEAS: IF YOU CAN REFUTE THEM...BY ALL MEANS PLEASE SO..GOOD LUCK

To generate revenue and discourage speculation, levy a 1% Tobin tax (securities transfer tax or trading tax) on all financial transactions including derivatives (futures, options, indices, and over the counter derivatives), stocks, bonds, foreign exchange, and commodities, especially program trading, high-frequency trading, and flash trading. Set up a 15% reserve requirement for all OTC derivatives. Use Tobin tax revenue and a revived corporate income tax to provide immediate tax relief to individuals, families, the self-employed, and small business by increasing personal exemptions and standard deductions. Stop all foreclosures on primary residences, businesses, and farms for five years or the duration of the depression, whichever lasts longer. Set a 10% maximum rate of interest on credit cards and payday loans. Re-regulate commodities markets with 100% margin requirements, position limits, and anti-speculation protections for hedgers and end users to prevent oil and gasoline price spikes. Enforce labor laws and anti-trust laws against monopolies and cartels.