RELATED ISSUES
International Stock Tax
By Anonymous
Posted 9 months ago
in Debt & Taxes
Excerpt:
A tax on large stock trades pushed by some Democrats could be imposed in the U.S. only if it is also levied internationally to prevent Wall Street traders from taking their business offshore, House Speaker Nancy Pelosi said.
[...]
Such a tax would have to be an “international rule,” not a U.S. rule, the speaker said. “We couldn’t do it alone. We would have to do it as an international initiative,” she said.
The speaker defended the success of the $787 billion economic stimulus legislation passed in February, saying that it had “stopped the free-fall of our economy.” Read from Bloomberg
