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View Diary: Warren Buffett calls for A Minimum Tax for the Wealthy (107 comments)

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  •  Dallasdoc - I think the fees should vary (0+ / 0-)

    I don't think there should be a uniform fee. The fee on stocks shouldn't be the same for bonds. or other securities. However, I think determining a thoughtful fee schedule wouldn't be that difficult. Hopefully if the EU initiates a set of fees, we can follow.

    There is a "Robin Hood" proposal floating around and that term should be dropped. We also shouldn't position this as a "payback" for Wall St. The federal government needs more revenues and this is one of the new taxes that we should implement. Positioning a transaction fee as a payback, or a Robin Hood tax just makes it more difficult to gain support in Congress.

    "let's talk about that"

    by VClib on Mon Nov 26, 2012 at 10:05:35 AM PST

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    •  I dont want to punish people (0+ / 0-)

      incentivizing capital flow to more fruitful areas, sure.

      FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Tue Nov 27, 2012 at 08:15:43 AM PST

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