How about a 1% tax on all profits made in the stock market????
Then divide that into Federal and State money..
Done Fix and we move on....
Same for Oil Companies..

Simple solutions won't have much impact on the bottom line. Any tax at the supplier side will just end up getting passed along to the consumer end of the chain. This would include taxes on the investors, who then pass their costs on to others. If your goal here is to make those at the top of the economic chain distribute wealth to those lower down, then you would likely be passing along added costs that in the end could exceed the intitial savings.

Don't you think there's already a tax on this?
Have you ever heard of capitol gains? It's 35% tax on short term(under a yr) and 15% on long term gains/profits.

What Does Capital Gain Mean?
1. An increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term (one year or less) or long term (more than one year) and must be claimed on income taxes. A capital loss is incurred when there is a decrease in the capital asset value compared to an asset's purchase price.

2. Profit that results when the price of a security held by a mutual fund rises above its purchase price and the security is sold (realized gain). If the security continues to be held, the gain is unrealized. A capital loss would occur when the opposite takes place.

http://www.investopedia.com/terms/c/capitalgain.asp

Tim...are you asserting that stock investments resulting in profit aren't classified as capital gains?

High

Timmy,
Please Run for city council.
FTM
Sharki

And?? Does that mean you do or don't believe that profits are already taxed at a much higher rate than your suggested 1% because i can personally testify that any gains i have made ARE most definitely taxed more than 1%

I think there's some indication that the rate of the Capital Gains tax may limit investment, but has no impact on continuing operations of a business. I would suggest that investors simply sit on their paper money until the Goverment collapses and then they can really complain about how much they've lost. At that point it won't matter what Country the money is being banked in, and unless it's been converted to precious metal then it's all a house of cards.

Anybody searching for the American Dope Growers Song, to save you some time search for: Saturday Night Live - Season 2, Episode 21: Eric Idle/Neil Innes, Alan Price. It starts at 08:42

I don't even remember what I was searching for that lead me to Larry's Fox Noise reports, but it's disturbing that last year when I was glued to Democracy Now, and wanting to take it to the streets, people like Larry were glued to Fox.

We may be dope smokers, but that doesn't mean we have to trust our televisions. And, after knowing how badly the media mis-represents our interests, as agents for change for cannabis, we should not trust them for ANYTHING. They lie, and use Modern Public Relations techniques to spin what little news they do show us, to insure they get the right mileage out of it, and political analysts to choose what to report.

Doesn't anybody remember how the network news completely avoided reporting the senate vote in Wisconsin, and bombarded us instead with Lindsey and Charlie Sheen all day? Doesn't ANYBODY recognize this is done on a regular basis, to throw us off?

You cannot make any good decision when you only watch television, unless you're watching shows that aren't paid for by corporations, like LinkTV, GreenTV, Freespeach TV, or Al Jazera English.

Their ability to control the dominant narratives has to be challenged, and if we aren't the ones to do it, nobody will.

I had to reconsider all of the brain-washing I'd been exposed to over the years. I had to admit that my beliefs had been fucked with...to the point I remember saying out loud, "There's a lot of support for the single state solution, they should just get it done with and do that." What a fucking idiot I was, to have such a judgemental opinion, without one fucking shred of fact or reality...just what I'd been shown on television.

Now that I see everyone else as being brain-washed too, I know I'm on the outside, nobody will listen to me, but it's true, and you can see it yourself, all you have to do is watch the news from another angle, then examine the difference between the narratives being re-used.

Leftist is just a sign they hang around your neck when you learn the truth, to insure you're seen as being on the fringe.

Look at Vegans, they're fringe, but they reject the dominant narrative that we must keep buying animal products...in fact they disprove this so easily it's funny in a way, but they're kept on the fringe.... BECAUSE THEY SO EASILY DISPROVE WHAT WE ARE TOLD ON TV.

I'm not saying you need to stop eating animal products, but you at least owe it to yourself to examine how the dominant narratives are re-used - and how they don't hold water.

The wikipedia page about Queer Theory states that normal simply means believing in the dominant narratives. My need to feel normal no longer includes the need to follow liers and noise makers.

I never even heard of the term, "everybody needs to be a cautious news consumer," before, but lots of other people know about this... Now it's your turn (to learn the truth).

For the record, not EVERYONE is unaware of what's really going down. But anyone who does speak up against the status quo is rapidly marginalized... that's how hegemony persists.

The faster one is labeled a "conspiracy theorist," a "liberal" or a "socialist," the easier it is to drown-out descent/debate.

Happens here, all around the 'net and in the real world on the daily. Makes us all assume we're alone and discourages/silences us.

Happens all the same to those labelled "neocons," "teabaggers," or "one-percenters" as well.