Tell Congress to Block the Trader Tax

38,685 People Have Sent 76,306 Letters and Emails

Sign the Petition

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

Total Signers: 38,685    View More: 387 386 385 384 383 382 381 380 379 378 377 376 375 374 373 372 371 370 369 368 367 366 365 364 363 362 361 360 359 358 357 356 355 354 353 352 351 350 349 348 347 346 345 344 343 342 341 340 339 338 337 336 335 334 333 332 331 330 329 328 327 326 325 324 323 322 321 320 319 318 317 316 315 314 313 312 311 310 309 308 307 306 305 304 303 302 301 300 299 298 297 296 295 294 293 292 291 290 289 288 287 286 285 284 283 282 281 280 279 278 277 276 275 274 273 272 271 270 269 268 267 266 265 264 263 262 261 260 259 258 257 256 255 254 253 252 251 250 249 248 247 246 245 244 243 242 241 240 239 238 237 236 235 234 233 232 231    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. Are you serious? If your goal is to discourage investments in our markets at this critical juncture, then touche! Mission accomplished.
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  3. This going to cripple small trades and people like me that suplement their income by trading, This Is A BIG NO!!!!!!!!!!!!
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  5. NO MORE TAXES!
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  7. as an individual investor i oppose this idea as unfair
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  9. Dear Sir/Madam,

    I am retired. My ability to trade stocks with my savings in order to maximize, and keep safe, is my only income since the company pension plan went bust. Please do not deprive me of my ability to protect my savings by trading for a profit instead of leaving my families fate in hands of Wall Street managers and funds.

    Thank you so much.

    Ralph Desimone
    675 Enrica Lane
    Walnut Creek, CA 94597
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  11. This proposed tax not only increases transaction costs, but it will also widen bid/ask spreads, further hurting the individual investor. There are better, more efficient ways to raise money than this!!
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  13. I am 62 years old, and planned on retiring in July at 63. I have just informed my manager today that I will not be retiring as I had planned. My investments are down 45%. Imposing additonal tax to me - directly or indirectly - is outrageous!
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  15. i trade for income and,although,i am not that good at it,the dividend rate hikes should be enough punishment on INVESTOR/traders.
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  17. I am already getting killed paying exorbitant commissions on my teeny-tiny trading account. A new 0.5% RT tax will drive me out of trading. Please vote 'NO' on this, for the sake of a man like me on the Main St.
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  19. At least exempt small trades (under $20,000), and trades in IRAs and retirement plans. I'm retired and just trying to manage what's left of my investments!
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  21. This bill will further discourage investment in the financial markets.
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  23. PLEASE VOTE NO.
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  25. As a small individual trader I don not support this action
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  27. Does congress have a clue what makes the market run???
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  29. I vote NO
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  31. This doesn't even sound good "on the surface". It illustrates an utter lack of understanding of the market today, of the needs of smaller or independent investors, or of the overall systemic problems of the global economic infrastructure.
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  33. Ouch! Another nail in my now-since-November-almost-nonexistant-IRA coffin. You can bet I will take whatever $$'s I have remaining and invest oversees if this goes through.
    Seems strange that a politician would write/support a bill that negatively effects so many individual voters in their own district! Perhaps they do not realize how many of us there are. Not just traders in small business but every single person who has a retirement account!
    Carrot please - put down the stick.
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  35. I am completely and utterly opposed to this proposition
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  37. Something all politicians should have tattooed on their foreheads so each morning in the mirror and each time they look at each other they will see this quote of the late Dr. Adrian Rogers:

    “You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get

    what they work for, then that, my dear friends, is just about the end of any prosperous Nation. You cannot multiple wealth by dividing it.”
  38. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  39. It is vital to the survival of the country that its citizens be able to participate in the stock market. We are already taxed for dividends and interest received and now they want to tax us for every trade we make. I do not understand why this is happening. I am 69 years old and have worked very hard all my life, usually holding two to three jobs so that I could live frugally and not be a burden on anyone. This proposed tax would hamper my ability to leave monies to my family upon my death. Thank you.
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  41. THIS IS TOTAL INSANITY. When is congress going to get it that the little man owns stock and will be hurt the most as this is passed on to them. THIS GOVT just does not have a CLUE!
  42. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  43. I almost hope they do it. I'm 56 and have been trading for 10 years with very modest success. The profits are already not worth the tax paperwork not to mention the stomach wrenching fear while waiting for the market to get in synch with my bets. A trader Tax will do the trick. I will finally be able to walk away from this addiction. I'll go back to real self employment and this time I won't bother myself or the IRS with my tiny tax returns.
  44. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  45. This bill is outrageous!
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  47. this is totally absurd!!!!!
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  49. The funds I manage as a retired investor have lost 18% in this downturn. At the same time our "trusted, tried and true" mutual funds lost 50+ percent before I sold them last November and December. Please do not introduce a new tax further hampering my efforts to recover from this setback. Retired individuals depend on their investments and any new tax targeting investment activities will hit us much harder than the general population.
  50. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  51. Hey Pete DeFazio, how am I responsible for the reckless behavior of large wall street firms? Then why are you going to tax the little guy from Main St along side them? I could write a book on how bad of an idea this is. Do you even understand cause and effect. Have you thought about what the real effect will be (other than sounding like a good idea to the stupid voters that elected you)?
  52. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

Total Signers: 38,685    View More: 387 386 385 384 383 382 381 380 379 378 377 376 375 374 373 372 371 370 369 368 367 366 365 364 363 362 361 360 359 358 357 356 355 354 353 352 351 350 349 348 347 346 345 344 343 342 341 340 339 338 337 336 335 334 333 332 331 330 329 328 327 326 325 324 323 322 321 320 319 318 317 316 315 314 313 312 311 310 309 308 307 306 305 304 303 302 301 300 299 298 297 296 295 294 293 292 291 290 289 288 287 286 285 284 283 282 281 280 279 278 277 276 275 274 273 272 271 270 269 268 267 266 265 264 263 262 261 260 259 258 257 256 255 254 253 252 251 250 249 248 247 246 245 244 243 242 241 240 239 238 237 236 235 234 233 232 231    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

Sign the Petition

Petition created by James DePorre

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