New York State has a long history of stock transfer taxation, having adopted a state stock transfer tax in 1905. NY still has a stock transfer tax, which doesn't amount to much taxation at all upon people who invest for their retirement. It's a tax that only bites irresponsible speculators... reckless gamblers.
However, in 1979, the (R) & (D) gangster government in Albany decided to rebate the stock transfer tax, and all subsequent (R) & (D) gangster government administrations in Albany, to date, have continued to automatically rebate the stock transfer tax... to automatically give back all the tax collected on the speculators whose casino gambling creates most of the volatility in markets, creating increased expense — therefore lower returns — for responsible long-term investors.
In the 2010 gubernatorial campaign, the Green Party's candidate, Howie Hawkins, advocated for ending the rebate of the stock transfer tax, noting that NY then had a projected $9 billion deficit that would have been a $7 billion surplus, if the stock transfer tax hadn't been all returned to the market speculators.
Liberals refused to vote for Hawkins, to tax the speculators; to impose a statewide ban on the Halliburton insanity of fracking for shale gas; to get a governor who would fight for near everything that liberals say they are for... but liberals regularly, reliable refuse to vote for.
The liberals, in their millions, voted for a deeply depraved Democrat, Andrew Cuomo, who considers the automatic give back rebate of all transfer taxation on stock speculation to be appropriate; opposes taxing the wealthiest at the higher rates they used to be taxed; has an energy plan for NY near wholly dependent upon sacrificing our water, air, soil, and public health to Halliburton process rip the last tiny remnants of fossil fuel from stone... a liberal, liberal Democrat governor who policy caucuses with really retrograde Republicans on everything except same-sex marriage.
The more elections the ignorant, uninformed, and immoral liberals vote in the more demented and depraved their liberal "wins" become.
A liberal will reliably vote for any piece of nasty dog shit with a (D) appended to it.
NOTE: Cuomo's position on the stock transfer tax was/is in conformity with Grover Norquist's instruction. But I criticized my Green Party candidate's advocacy for having the stock transfer tax provide annual surpluses, on the same grounds that I oppose the use of any other form of legalized gambling being what government spending should be dependent upon. A government that seeks revenue from market disruptive speculation is a government that encourages market disruptive speculation. Better to not allow the speculators' gambling to recklessly disrupt the markets and diminish the return on investments that responsible people expect to depend upon in their retirement years.
Are you kidding me, with wall street controlling Congress etc. it will never happen.We have to many people in Congress that are in the back pockets of Wall Street including The White House look at the people that Obama surrounds himself with, need I say more
I would think that some of the Republicans might just have enough savy to throw the people a bone and let this small tax through. My personal feelings are that if they continue to block any attempt at job creation and provide no solutions of their own, if they continue to block any efforts to increase revenues, no matter how small, from the top 1-10% of the wealthiest people, then the message about who they actually represent is bound to come out, one way or another. It is perfectly clear to me and I tell everyone I know and they pass it along and so forth. We cannot count on corporate media to report anything that opposes their corporate masters, so it's up to "We The People" to inform.
With the tea bag contingent and its agenda, the people are in limbo until November 2012. Occupation unlike so many are too intelligent to snap up the first bone tossed their way. We have a memory. That's my conculusion, listening and watching and chatting it up online with people a various occupations.
"I think many of us recognize that for all but the wealthiest, life in America is getting increasingly hard. Screwed explores why, showing how this is no accidental process, but rather the product of conscious political choices, choices we can change with enough courage and commitment. Like all of Thom’s great work, it helps show us the way forward."
—Paul Loeb, author of Soul of a Citizen and The Impossible Will Take a Little While
From Screwed:
"The powers that be are running roughshod over the powers that OUGHT to be. Hartmann tells us what went wrong — and what you and I can do to help set American right again."
—Jim Hightower, National Radio Commentator, Writer, Public Speaker, and author of the bestselling Thieves in High Places
From The Thom Hartmann Reader:
"In an age rife with media-inspired confusion and political cowardice, we yearn for a decent, caring, deeply human soul whose grasp of the problems confronting us provides a light by which we can make our way through the quagmire of lies, distortions, pandering, and hollow self-puffery that strips the American Dream of its promise. How lucky we are, then, to have access to the wit, wisdom, and willingness of Thom Hartmann, who shares with us here that very light, grown out of his own life experience."
—Mike Farrell, actor, political activist, and author of Just Call Me Mike and Of Mule and Man
with the 99% people out on wall street screaming for change that might be the bone thrown out to the people to try to calm it down.
New York State has a long history of stock transfer taxation, having adopted a state stock transfer tax in 1905. NY still has a stock transfer tax, which doesn't amount to much taxation at all upon people who invest for their retirement. It's a tax that only bites irresponsible speculators... reckless gamblers.
However, in 1979, the (R) & (D) gangster government in Albany decided to rebate the stock transfer tax, and all subsequent (R) & (D) gangster government administrations in Albany, to date, have continued to automatically rebate the stock transfer tax... to automatically give back all the tax collected on the speculators whose casino gambling creates most of the volatility in markets, creating increased expense — therefore lower returns — for responsible long-term investors.
In the 2010 gubernatorial campaign, the Green Party's candidate, Howie Hawkins, advocated for ending the rebate of the stock transfer tax, noting that NY then had a projected $9 billion deficit that would have been a $7 billion surplus, if the stock transfer tax hadn't been all returned to the market speculators.
Liberals refused to vote for Hawkins, to tax the speculators; to impose a statewide ban on the Halliburton insanity of fracking for shale gas; to get a governor who would fight for near everything that liberals say they are for... but liberals regularly, reliable refuse to vote for.
The liberals, in their millions, voted for a deeply depraved Democrat, Andrew Cuomo, who considers the automatic give back rebate of all transfer taxation on stock speculation to be appropriate; opposes taxing the wealthiest at the higher rates they used to be taxed; has an energy plan for NY near wholly dependent upon sacrificing our water, air, soil, and public health to Halliburton process rip the last tiny remnants of fossil fuel from stone... a liberal, liberal Democrat governor who policy caucuses with really retrograde Republicans on everything except same-sex marriage.
The more elections the ignorant, uninformed, and immoral liberals vote in the more demented and depraved their liberal "wins" become.
A liberal will reliably vote for any piece of nasty dog shit with a (D) appended to it.
http://www.chenangogreens.org
NOTE: Cuomo's position on the stock transfer tax was/is in conformity with Grover Norquist's instruction. But I criticized my Green Party candidate's advocacy for having the stock transfer tax provide annual surpluses, on the same grounds that I oppose the use of any other form of legalized gambling being what government spending should be dependent upon. A government that seeks revenue from market disruptive speculation is a government that encourages market disruptive speculation. Better to not allow the speculators' gambling to recklessly disrupt the markets and diminish the return on investments that responsible people expect to depend upon in their retirement years.
Are you kidding me, with wall street controlling Congress etc. it will never happen.We have to many people in Congress that are in the back pockets of Wall Street including The White House look at the people that Obama surrounds himself with, need I say more
I would think that some of the Republicans might just have enough savy to throw the people a bone and let this small tax through. My personal feelings are that if they continue to block any attempt at job creation and provide no solutions of their own, if they continue to block any efforts to increase revenues, no matter how small, from the top 1-10% of the wealthiest people, then the message about who they actually represent is bound to come out, one way or another. It is perfectly clear to me and I tell everyone I know and they pass it along and so forth. We cannot count on corporate media to report anything that opposes their corporate masters, so it's up to "We The People" to inform.
With the tea bag contingent and its agenda, the people are in limbo until November 2012. Occupation unlike so many are too intelligent to snap up the first bone tossed their way. We have a memory. That's my conculusion, listening and watching and chatting it up online with people a various occupations.