Well, I don't normally do three posts in one day, yet I felt that given the ever-increasing exposure this blog is getting, I might as well use it to help all of us further circulate the attached links discussing the proposed financial transaction tax that Luke referenced in today's comments, as well as the excellent response and assessment by Robert Green of the trader tax specialist Green & Company firm.
1/12/09 NY Times Article
Full Paper from the Center of Economic and Policy Research
Green & Company Response
Please note I don't want to fill the blog with a national debate on this -- let's keep focused on trading -- yet the effort is certainly something we all should be aware of.
Seems it may be time for all in the trading industry to unite once again.