Make Wall Street Pay Back Main Street - Citizens Party2024-03-29T07:48:07Zhttp://www.votecitizens.org/forum/topics/make-wall-street-pay-back-main?groupUrl=nomorewallstreetbailouts&feed=yes&xn_auth=no1. It could be used to recrea…tag:www.votecitizens.org,2011-04-20:6348963:Comment:65222011-04-20T02:05:59.480ZKeith John Fergusonhttp://www.votecitizens.org/profile/KeithJohnFerguson
1. It could be used to recreate the comprehensive employment and training Act that was enacted in 1973 and was stoped about 1981 or 1982. CETA trained workers and provided them with jobs in the public sector. The program targeted those with low incomes and the long term unempolyed. It also provided jobs to low income high school students in the summer. The intent was to provide the unemployed with marketable skills needed to find permanent employment 2. Fund Education for are future. 3. invest…
1. It could be used to recreate the comprehensive employment and training Act that was enacted in 1973 and was stoped about 1981 or 1982. CETA trained workers and provided them with jobs in the public sector. The program targeted those with low incomes and the long term unempolyed. It also provided jobs to low income high school students in the summer. The intent was to provide the unemployed with marketable skills needed to find permanent employment 2. Fund Education for are future. 3. invest in reneable energy and clean enery. 4. Fund infrastructure projects. OK. But transactions fees are…tag:www.votecitizens.org,2011-04-19:6348963:Comment:64292011-04-19T23:55:47.937ZTroy Lawsonhttp://www.votecitizens.org/profile/TroyLawson
OK. But transactions fees are simply a revenue stream for the brokers who pay their taxes on earnings. The investor can already deduct most investment expense amounts over 2% of AGI, as well as other loopholes. If we close the loopholes on companies and investors, additional revenue could be generated without piggybacking more fees on transactions. The government and SEC was well aware of the risks being taken, and neglected to do anything about it. What could we do with the extra…
OK. But transactions fees are simply a revenue stream for the brokers who pay their taxes on earnings. The investor can already deduct most investment expense amounts over 2% of AGI, as well as other loopholes. If we close the loopholes on companies and investors, additional revenue could be generated without piggybacking more fees on transactions. The government and SEC was well aware of the risks being taken, and neglected to do anything about it. What could we do with the extra revenue?...your idea seems great!