Tuesday, February 24, 2009

Special Post - Trader Tax Update

Some have probably already seen this, but it was passed to me from Pat Lafferty (my broker) and is circulating through one of the largest floor trader groups:

Per Todd Harrison at Minyanville.com:

"For what it's worth and so it's said, I heard from two very credible (separate) sources that the trading tax is DOA. That's good news, Yo."


Seems consistent with what I also heard at the Expo. Here's the background blog link if you need more info on what it's all about.

Let's hope it's true and will keep us focused on trading in the U.S. and not have to get up at 3am to trade Europe!


traderboy said...


Thank you so much for the trader tax update. The consequences of such a tax have been on my mind quite a bit recently. For all of our sake, I hope the tax is DOA.

Thanks again,

Michael said...

Thank god... thanks for the info and updates Don!