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Thread: New Robin Hood Tax Introduced In Congress

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    Re: New Robin Hood Tax Introduced In Congress

    There is already a tax on equity trades, it's a fraction of a percent and it more than fully funds the SEC.
    We don't need to add more on top of that, when capital gains are already taxed.

    Basically, the government gets to profit, regardless of whether or not you do.
    We could probably say good bye to many drips, because of this tax.
    Last edited by Harry Guerrilla; 10-22-12 at 07:11 PM.
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    Re: New Robin Hood Tax Introduced In Congress

    I was living in Michigan when they increased the sales tax from 4% to 6%. Everyone was complaining about having to pay more. Once it was established, everyone realized the only time it really hurt was when you made big purchases (like an automobile). A 1% tax in this case does not make a huge difference in everyday life, until you buy something that costs a lot of money. IMO, if you have the cash to throw around for a large purchase, you probably can afford to pay the extra 1%.
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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by TheDemSocialist View Post
    So basically your beef is that its named "Robin Hood Tax"? Thats some lame beef.
    I do think James has a point to consider. Calling it a Robin Hood tax could doom it right out of the gate in them minds of many on the conservative side of the aisle. Why risk that just for some name?
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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by TheDemSocialist View Post
    So basically your beef is that its named "Robin Hood Tax"? Thats some lame beef.

    I do not trade, nor do I have any idea what impact that tax will have.So I could care less if it passes or not. I am just saying that if those congressman really wanted that bill to pass then they wouldn't use a name that basically implies theft that targets a specific group of people.
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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by TheDemSocialist View Post
    Charity is not an all the way around sufficient way to give people help that need it.
    So confiscating people's money to do what YOU want is in order? Bull****, you don't have the right to take my money and use it to give to other people. Then send more of your own money.
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    Re: New Robin Hood Tax Introduced In Congress

    They're calling it the Robin Hood tax? You know the guy that could have helped the poor fight the king for their freedom, but instead just robbed the rich and gave to the poor and made himself the person everyone was dependent on? That guy?

    Nothing like saying I'm out to punish rich people by calling it the Robin Hood Tax. What a bunch of idiots.

    Oh wait..they already admitted the tax isn't about revenue, just punishment. I love how they admit that and follow it up saying some crap about how it will pay for Social Programs. You already showed your cards assholes so keep the drivel for someone that is blind.

    Saying that you want to take money from the "hands of the most privileged" and then to say it's for Social programs doesn't work. It's obviously about the former, not the later.

    Lastly, why should I give a **** about your social programs? Robin Hood would approve of such things without doubt, but I sure as hell don't.
    Last edited by Henrin; 10-22-12 at 11:26 PM.

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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by American View Post
    So confiscating people's money to do what YOU want is in order?
    What i want? Im not the government now am i?

    Bull****, you don't have the right to take my money and use it to give to other people. Then send more of your own money.
    Your right me personally i dont have the right, but guess who does have that right. The government of the USA.


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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by jamesrage View Post
    I don't know if a financial transaction tax is destructive but I do believe that many people seem forget that Robin Hood was taking what was already taken and giving it back to the rightful owners.
    In truth the people he would of been helping would of owned nothing as they were nothing but lowly peasants at the service of the king. Their gold would of truthfully never left the control of the king and their homes in which they lived were gifts from the king himself as well. In short, the fairytale is making a mistake on who owns what. They were just serfs and nothing more really.
    Last edited by Henrin; 10-22-12 at 11:56 PM.

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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by TheDemSocialist View Post
    What i want? Im not the government now am i?


    Your right me personally i dont have the right, but guess who does have that right. The government of the USA.
    The government has rights? I was unaware of that.

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    Re: New Robin Hood Tax Introduced In Congress

    Quote Originally Posted by Henrin View Post
    The government has rights? I was unaware of that.
    They have specific powers and one of those powers is to tax.


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