any daytraders/ stock traders out there

[trx310R#24]

if so what do you think about obamas tax plan 25% in 25% out... that would kill us and we will still have to pay taxes on the money we make at the end of the year. if the gov plans on taking 50% of the money i make im ****ed...

[3400ben]

I trade..... That would kill me too

Obama hates the stock market lol seriously this guy needs to go. You would figure the 1st black president would at least make a good impression.

[trx310R#24]

yeah lets just say you made 100,000... you would end up paying 80,000 to the gov an keep 20,000... and with out investors investing. all big u.s. companys WILL go under. i mean really we already pay 15-30% tax there is no need to add this 25% in-out tax.

this guy just wants to take all the working classes money an give it to people who do nothing.

[3400ben]

What it will do is kill the market. The reward for risk will not be their. Less reward for the same risk doesn't work. People will start to put money in foreign market and other places. Tax the rich and give to the poor does not work. You go to any intercity area and you can see all the peolpe sucking are tax dollars. Not wanting to work and getting free house plus a pay check. If you offered them a fair job at a fair wage they will not take it. They can live for free. THIS IS FOR ANY RACE!!!!!!


I love day trading and have done very well. But if they tax me that much I am done in stocks..... the reward will not be their for the risk. 98% (guess) of money invested in the money is put right back in the market that is what makes it grow. If the market doesn't grow nothing else will.

[yellowzo3]

Originally posted by trx310R#24
yeah lets just say you made 100,000... you would end up paying 80,000 to the gov an keep 20,000...

HOLY ****.




How do you guys like the new flag I put up today?





















http://www.seanet.com/~jimxc/Politics/Pictures/Canadian_flag_08.jpg

[3400ben]

lol!!!!!!!

[Ntensweapon]

Are you sure it isn't .25%? Link a source. This was news to me. I gotta tell you i was raging mad. This is all I could find though.

http://thehill.com/homenews/house/68273-dems-eye-stock-trade-tax