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Hi all, I saw this article yesterday. The tax is fairly minimal, but what i think is silly is that it taxes all traders and it blames "high frequency trading" for the volatility of the market. We all know that the markets are volatile because of institutional traders making their moves and that is what drives the prices in significant ways. Everyone else joins in for the ride and try's to capitalize. I am not sure if similar bills like this have been proposed in the past (i am sure it has). Curious what ya'll think. https://finance.yahoo.com/news/lawmakers-introduce-bill-to-tax-wall-street-211353714.html
