Comments on: Pete Stark offers currency transaction tax bill

By: Jim

Jim — Mon, 06 Sep 2010 18:24:10 +0000

Considerations: If the tax aplies to both parties to a transaction that doubles the effect of the tax. How long before I sell my house or auto am I taxed? Lets continue down the inevitable tax road: How about any transaction insturment ie. credit card transaction, deposits to bank or checking accounts, cash machines, etc. Don’t just assume that because this sounds stupid its not going to pass congress.

By: thims

thims — Wed, 01 Sep 2010 12:39:58 +0000

The proponents of these various types of transaction taxes always refer to the Nobel Prize winner James Tobin and his Tobin tax. The Tobin tax was only an idea of Tobin. He would often tell his students that this type of tax would not work. Research what happened to Sweden when they tried the tax for only six years. Very destructive indeed. Maybe that is the whole point.

By: Jon

Jon — Thu, 26 Aug 2010 16:09:45 +0000

Stark and his Progressive pals are fools. We need to worry about the USA not the world. We elect people to the US Congress-not the World Government.

Hell, they may as well tax us each time we change underwear/panties and socks or stocking/panty hose?

Where do they find fools like him?

By: Elwood

Elwood — Mon, 23 Aug 2010 20:16:09 +0000

Kraig, by leaving California you raised the average IQ of both California and Texas.

By: Kraig

Kraig — Mon, 23 Aug 2010 05:39:45 +0000

you guys in California are all a bunch of whacked out Socialist Hippie Commies. Thank God I left in time and am in God’s country — Texas…

By: Kraig

Kraig — Mon, 23 Aug 2010 05:38:13 +0000

another obama slush fund

By: tina

tina — Sun, 22 Aug 2010 21:13:00 +0000

Commie Stark needs to pack his bags and resign.

By: Mark

Mark — Mon, 02 Aug 2010 18:47:23 +0000

This is a realy smart idea, actually… let’s be real about what’s screwing up our economy–it’s the crazy speculation on everything from houses to currency to the imagined value of a barrel of oil. The real economy doesn’t just trade dollars and euros back and forth to make money, it BUILDS, CREATES, and SUSTAINS things… and it helps contribute to the welfare of the world. The speculators don’t do any of this, and make billions every year, let’s at least get a little of that back?

By: Quando

Quando — Thu, 22 Jul 2010 13:42:51 +0000

I am no fan of currency traders, but the last thing this country needs is a new tax to pay for world health initiatives while people are hurting in this country. Stark is off his rocker.

By: deadwood

deadwood — Wed, 21 Jul 2010 17:33:55 +0000

Elwood: Nice little rhyme. Men with butterfly nets? Well, if you call just about all the people of Alameda County “men with butterfly nets” I guess you would be accurate, because that’s who’s after Fortney “Pete” Stark. Why would any Democrat support such an elitist, contemptuous, stubborn old man. He most clearly does not reflect nor represent the people of the East Bay. Fortney “Pete” Stark is off his rocker and off his meds. He needs to retire. There is no chance this bill will pass.