Tell Congress to Block the Trader Tax

30,184 People Have Sent 59,580 Letters and Emails

Sign the Petition

Some recent comments: these messages are published with permission of the signer.

Total Signers: 30,184    View More:    302 301 300 299 298 297 296 295 294 293 292 291 290 289 288 287 286 285 284 283 282 281 280 279 278 277 276 275 274 273 272 271 270 269 268 267 266 265 264 263 262 261 260 259 258 257 256 255 254 253 252 251 250 249 248 247 246 245 244 243 242 241 240 239 238 237 236 235 234 233 232 231 230 229 228 227 226 225 224 223 222 221 220 219 218 217 216 215 214 213 212 211 210 209 208 207 206 205 204 203 202 201 200 199 198 197 196 195 194 193 192 191 190 189 188 187 186 185 184 183 182 181 180 179 178 177 176 175 174 173 172 171 170 169 168 167 166 165 164 163 162 161 160 159 158 157 156 155 154 153 152 151 150 149 148 147 146 145 144 143 142 141 140 139 138 137 136 135 134 133 132 131 130 129 128 127 126 125 124 123 122 121 120 119 118 117 116 115 114 113 112 111 110 109 108 107 106 105 104 103 102 101 100 99 98 97 96 95 94 93 92 91 90 89 88 87 86 85 84 83 82 81 80 79 78 77 76 75 74 73 72 71 70 69 68 67 66 65 64 63 62 61 60 59 58 57 56 55 54 53 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

  1. Fri., Nov. 20, 2009 5:17 PM    link Kerry M. | Rome, GA

    This will kill the liquidity in the markets. Im not a big trader its it will hurt me the most as I dont make alot of money but enjoy trading.

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  3. Fri., Nov. 20, 2009 3:45 PM    link lynn m. | Princeville, HI

  4. Fri., Nov. 20, 2009 2:58 PM    link Name not displayed | Boulder, CO

  5. Fri., Nov. 20, 2009 2:40 PM    link Louanne E. | Santa Fe, NM

    I cannot believe that taxing trades would benefit our economic recovery. it will create stagnation and depression.
    this is not okay or sane!!!!!!!!!!

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  7. Fri., Nov. 20, 2009 2:03 PM    link Name not displayed | Monmouth Junction, NJ

  8. Fri., Nov. 20, 2009 1:29 PM    link David M. | Scottsdale, AZ

    Please do NOT tax individual investors or traders. It will add thousands to the unemployment lines, and many more thousands to the home foreclosure lists.

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  10. Fri., Nov. 20, 2009 11:52 AM    link Name not displayed | Greenbrier, AR

    This is a misguided bill...penalizing the wrong people...It will kill liquidity in the markets at the absolute wrong moment in history...I find it hard to believe it is being seriously considered.

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  12. Fri., Nov. 20, 2009 11:50 AM    link jonathan t. | Santa Fe, NM

  13. Fri., Nov. 20, 2009 3:29 AM    link Glenn H. | North Richland Hills, TX

    This would be an absolutely idiotic tax and would kill the stock market as we know it.

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  15. Thu., Nov. 19, 2009 10:51 PM    link Scott M. | North Fort Myers, FL

    I am a daytrader. This will put me out of buisness.

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  17. Thu., Nov. 19, 2009 10:33 PM    link mike k. | Alexandria, VA

    guess its time to give up on supporting small companies by trading stocks, cash out of EVERYTHING and put all that cash under the mattress, maybe move out of the country to a small island

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  19. Thu., Nov. 19, 2009 10:10 PM    link Name not displayed | Spring Hill, TN

  20. Thu., Nov. 19, 2009 10:06 PM    link Daniel A. | Houston, TX

    The needed liquidity to allow the futures market to function as hedging vehicles would dry up. A lose-lose for everyone.

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  22. Thu., Nov. 19, 2009 1:52 PM    link Jeanette S. | Paradise Valley, AZ

    As a small day trader of Dow e-mini futures, I would be completely put out of business by this. The exchanges, the charting software companies, the education firms, most brokers, Etrade, etc. would all go under. There would be no liquidity and spreads would be huge. The small investor and small trader would be crushed.

  23. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  24. Thu., Nov. 19, 2009 10:53 AM    link Name not displayed | Erie, PA

  25. Thu., Nov. 19, 2009 10:44 AM    link kristopher T. | Memphis, TN

  26. Thu., Nov. 19, 2009 9:11 AM    link James P. | Edmond, OK

  27. Thu., Nov. 19, 2009 8:57 AM    link Name not displayed | Brooklyn, NY

  28. Thu., Nov. 19, 2009 8:53 AM    link Robert B. | Massillon, OH

  29. Thu., Nov. 19, 2009 8:26 AM    link Name not displayed | Tulsa, OK

  30. Thu., Nov. 19, 2009 7:23 AM    link Name not displayed | Avon Lake, OH

  31. Thu., Nov. 19, 2009 2:36 AM    link Name not displayed | Reedley, CA

  32. Thu., Nov. 19, 2009 1:44 AM    link Name not displayed | Kennewick, WA

  33. Thu., Nov. 19, 2009 12:21 AM    link Maximilian H. | Ojai, CA

  34. Thu., Nov. 19, 2009 12:20 AM    link Name not displayed | Lake Forest, IL

  35. Thu., Nov. 19, 2009 12:20 AM    link Name not displayed | Euless, TX

  36. Wed., Nov. 18, 2009 11:23 PM    link Name not displayed | Fords, NJ

  37. Wed., Nov. 18, 2009 10:57 PM    link Michael L. | Batavia, IL

    An unfair and unjust tax.

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  39. Wed., Nov. 18, 2009 10:51 PM    link Name not displayed | Morganville, NJ

    I did not get any bailouts and did not cause any of the problems!!!!!
    You will put me out of business if this passes.

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  41. Wed., Nov. 18, 2009 10:27 PM    link Name not displayed | Orange City, IA

    I know many day traders, not to mention many farmers who make a small income trading. The best of them average less than $20 profit per trade. These are tax paying Americans that have learned to trade with much trial and error just like getting a college education. This will not hurt the big traders who make 10's of millions or even 100's of millions of dollars annually. It will be equivalent to a secretary making $35,000 a year, and instead of taxing her 15% on her income, you raise the tax to 250%, therefore giving her no incentive to work. The same goes for the salesman making $100,000 a year the tax equivalent would be $250,000 a year. As technology improves we are suppose to have greater savings in buying and selling things like, stocks, commodiites, or options. Government has made such a mess of things by overspending and overtaxing. I think each congressman should be charged a 250% tax rate, just to be fair.

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  43. Wed., Nov. 18, 2009 10:24 PM    link Name not displayed | Valley Center, KS

  44. Wed., Nov. 18, 2009 9:42 PM    link tom g. | La Canada Flintridge, CA

    Stupid idea

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  46. Wed., Nov. 18, 2009 8:54 PM    link Name not displayed | Bellevue, WA

  47. Wed., Nov. 18, 2009 8:23 PM    link Name not displayed | South Richmond Hill, NY

  48. Wed., Nov. 18, 2009 7:33 PM    link Name not displayed | Succasunna, NJ

  49. Wed., Nov. 18, 2009 6:20 PM    link Suzanne M. | Salinas, CA

  50. Wed., Nov. 18, 2009 6:19 PM    link Gilbert H. | ,

  51. Wed., Nov. 18, 2009 6:18 PM    link Dan D. | ,

  52. Wed., Nov. 18, 2009 6:16 PM    link Liz D. | ,

  53. Wed., Nov. 18, 2009 6:14 PM    link Charles A. | Healdsburg, CA

  54. Wed., Nov. 18, 2009 6:06 PM    link ben h. | Phoenix, AZ

  55. Wed., Nov. 18, 2009 5:59 PM    link gerard m. | Barrington, IL

  56. Wed., Nov. 18, 2009 5:33 PM    link neil k. | Newport Beach, CA

    If you must RASIE taxes (again, and again),make the cap $1 billion. That way Goldman, J.P Morgan and Bank of America will carry the burden. I've looked in the history books and cannot find one instance where raising taxes resulted in prosperity.

  57. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  58. Wed., Nov. 18, 2009 5:17 PM    link Name not displayed | Plano, TX

    100,000 cap is too small. Most of the middle class small time mom and pop traders are using that much capital. I think the amount cap should be increased to 250 - 500K at least.

  59. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  60. Wed., Nov. 18, 2009 5:10 PM    link Name not displayed | Stevenson Ranch, CA

  61. Wed., Nov. 18, 2009 5:05 PM    link Will G. | New York, NY

    Stop crushing capital creation/wealth generation and redefine the wealthy/poor argument. $100K per year in trading activity does not hurt only the large Wall Street firms. It also hurts those moving into retirement who are shuffling their holdings, and long-standing employees with large equity holdings, among other categories.

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  63. Wed., Nov. 18, 2009 5:02 PM    link Larry F. | Los Angeles, CA

  64. Wed., Nov. 18, 2009 5:01 PM    link Jack S. | Chapel Hill, NC

    I have had two discussions with Celia Sims, financial advisor to NC Sen. Burr. She says the senator is well aware of the folly of this tax & they feel it will not come to pass in its currently proposed form.

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  66. Wed., Nov. 18, 2009 4:58 PM    link Name not displayed | New York, NY

    This tax would put me out of a job. I'm a day trader. I had nothing to do with the financial meltdown. If you want to punish the banks or the ratings agencies who led us down this path, then do so. This tax would unfairly penalize millions of people who had nothing to do with it, and aren't the 'big traders' either. This would wipe out thousands and thousands of day traders like myself. Do you really want to wipe out more jobs?

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  68. Wed., Nov. 18, 2009 4:55 PM    link Bradley L. | Tucson, AZ

  69. Wed., Nov. 18, 2009 4:31 PM    link Name not displayed | Honolulu, HI

  70. Wed., Nov. 18, 2009 4:24 PM    link Nathan K. | Vienna, VA

  71. Wed., Nov. 18, 2009 4:11 PM    link Name not displayed | Dallas, TX

  72. Wed., Nov. 18, 2009 4:10 PM    link Name not displayed | Redmond, WA

  73. Wed., Nov. 18, 2009 3:51 PM    link Kim G. | Boston, MA

    Transactions, per se, aren't a problem. What's a problem is reckless monetary policy, and a failure of the bank supervisors to supervise. Let's enforce the laws we already have before imposing broad, sweeping, new taxes.

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  75. Wed., Nov. 18, 2009 3:51 PM    link Chris H. | Greensboro, NC

  76. Wed., Nov. 18, 2009 3:51 PM    link Name not displayed | Willowbrook, IL

  77. Wed., Nov. 18, 2009 3:51 PM    link Name not displayed | Willowbrook, IL

  78. Wed., Nov. 18, 2009 3:47 PM    link Walter C. | Houston, TX

  79. Wed., Nov. 18, 2009 3:43 PM    link john f. | West Islip, NY

    The last thing that this economy needs now is ANY tax.

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  81. Wed., Nov. 18, 2009 3:42 PM    link Name not displayed | Grand Prairie, TX

  82. Wed., Nov. 18, 2009 3:41 PM    link Donald C. | Bend, OR

  83. Wed., Nov. 18, 2009 3:40 PM    link John E. | San Diego, CA

  84. Wed., Nov. 18, 2009 3:40 PM    link Bob G. | Downers Grove, IL

  85. Wed., Nov. 18, 2009 3:40 PM    link Buck B. | Tempe, AZ

    Don't tax capitalism!

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  87. Wed., Nov. 18, 2009 3:39 PM    link glenn b. | Shelton, CT

  88. Wed., Nov. 18, 2009 3:34 PM    link Name not displayed | Kerhonkson, NY

  89. Wed., Nov. 18, 2009 3:32 PM    link Wes L. | Columbus, OH

  90. Wed., Nov. 18, 2009 3:31 PM    link David L. | Campbell, CA

  91. Wed., Nov. 18, 2009 3:30 PM    link Jason C. | San Diego, CA

  92. Wed., Nov. 18, 2009 3:30 PM    link Eric W. | Kearney, MO

  93. Wed., Nov. 18, 2009 3:21 PM    link Coos O. | Lexington, KY

  94. Wed., Nov. 18, 2009 3:19 PM    link Charles G. | Borger, TX

    Why wreck a system that works? Government caused the crash in the first place, now they want to do more damage.

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  96. Wed., Nov. 18, 2009 3:18 PM    link Brad K. | Lake Forest, IL

  97. Wed., Nov. 18, 2009 3:17 PM    link Name not displayed | Scott, LA

    Come on, anybody who wants to retire comfortably is going to have more than $100,000.00 in their account(s) to trade with or they just as much consider staying in the workforce because this administration is going to do whatever it takes to steal our money in a fashion so that none of us can ever retire. And if nobody retires I guess unemployment stays high because you have no retirement turnover for the unemployed to move into the retiree's positions.

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  99. Wed., Nov. 18, 2009 3:14 PM    link stuart s. | ,

  100. Wed., Nov. 18, 2009 3:12 PM    link Fredric W. | Maitland, FL

  101. Wed., Nov. 18, 2009 3:10 PM    link Steven L. | Belvedere Tiburon, CA

  102. Wed., Nov. 18, 2009 3:10 PM    link josh a. | Minneapolis, MN

  103. Wed., Nov. 18, 2009 3:08 PM    link Name not displayed | Atlanta, GA

  104. Wed., Nov. 18, 2009 3:08 PM    link Janet P. | Helena, MT

    My husband and I run a small business with 8 employees. We have a profit sharing plan and our trades, though not all that active, would fall under your tax. Selling just two of our stock positions a year would exceed the $100,000. It is unfair to exempt public employee retirement plans and yet tax the small business plans. I'm sick and tired of small business getting whacked because we do business, hire employees, make a profit, provide retirement benefits and health benefits....the responsible thing to do. And we get taxed for being good public citizens.

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  106. Wed., Nov. 18, 2009 3:07 PM    link Name not displayed | Youngstown, OH

    To the leadership of our country; this proposed tax is one of the worst ideas I have ever heard of. The unintended consequences of this should it pass could be extremely detrimental to our financial system. The solution to last year's crisis is not to create new laws and taxes to penalize Wall St. What should have is a simple emphasis to enforce existing laws and be proactive in nature, not reactionary. Looking for someone to blame is useless. Move forward rather then looking for people to punish.

  107. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  108. Wed., Nov. 18, 2009 3:06 PM    link Helen P. | London, OH

  109. Wed., Nov. 18, 2009 3:06 PM    link bob a. | Nashville, TN

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Sign the Petition

Petition created by James DePorre

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