Tell Congress to Block the Trader Tax
38,802 People Have Sent 76,600 Letters and Emails
Sign the Petition
Some recent comments: these messages are published with permission of the signer.
Total Signers: 38,802 View More: 389 388 387 386 385 384 383 382 381 380 379 378 377 376 375 374 373 372 371 370 369 368 367 366 365 364 363 362 361 360 359 358 357 356 355 354 353 352 351 350 349 348 347 346 345 344 343 342 341 340 339 338 337 336 335 334 333 332 331 330 329 328 327 326 325 324 323 322 321 320 319 318 317 316 315 314 313 312 311 310 309 308 307 306 305 304 303 302 301 300 299 298 297 296 295 294 293 292 291 290 289 288 287 286 285 284 283 282 281 280 279 278 277 276 275 274 273 272 271 270 269 268 267 266 265 264 263 262 261 260 259 258 257 256 255 254 253 252 251 250 249 248 247 246 245 244 243 242 241 240 239 238 237 236 235 234 233 232 231 230 229 228 227 226 225 224 223 222 221 220 219 218 217 216 215 214 213 212 211 210 209 208 207 206 205 204 203 202 201 200 199 198 197 196 195 194 193 192 191 190 189 188 187 186 185 184 183 182 181 180 179 178 177 176 175 174 173 172 171 170 169 168 167 166 165 164 163 162 161 160 159 158 157 156 155 154 153 152 151 150 149 148 147 146 145 144 143 142 141 140 139 138 137 136 135 134 133 132 131 130 129 128 127 126 125 124 123 122 121 120 119 118 117 116 115 114 113 112 111 110 109 108 107 106 105 104 103 102 101 100 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
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Wed., Mar. 4, 2009 3:32 PM link Name not displayed | New York, NY
Wed., Mar. 4, 2009 3:32 PM link Name not displayed | Chicago, IL
Wed., Mar. 4, 2009 3:30 PM link Name not displayed | Houston, TX
Wed., Mar. 4, 2009 3:29 PM link Manon B. | Corte Madera, CA
I do not work on wall street. I do trade on Wallstreet. This will tax me, and not tax the folks who caused this problem!!!
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Wed., Mar. 4, 2009 3:28 PM link William A. | Lake Worth, FL
Do not let this Bill pass...it will put a small trader like me out of business for good!!! It's hard enough trying to make a living via trading...and if this passes, I will never be able the turn a profit.
Also, Make sure HR 676 Does not pass as well...as they are trying to sneak in another Trader's Tax by hiding it deep in this health Bill.
DO NOT LET either HR 1068 or HR 676 PASS!!!!!!!
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Wed., Mar. 4, 2009 3:26 PM link steven z. | Boca Raton, FL
Wed., Mar. 4, 2009 3:26 PM link Michael B. | Mineral Point, WI
Wed., Mar. 4, 2009 3:25 PM link Elizabeth S. | Scottsdale, AZ
Wed., Mar. 4, 2009 3:25 PM link Name not displayed | Arlington Heights, IL
Wed., Mar. 4, 2009 3:24 PM link alex k. | Somerville, MA
Wed., Mar. 4, 2009 3:23 PM link Name not displayed | Hialeah, FL
Wed., Mar. 4, 2009 3:22 PM link Name not displayed | Reno, NV
Wed., Mar. 4, 2009 3:19 PM link joe b. | Fresh Meadows, NY
Wed., Mar. 4, 2009 3:19 PM link Charles W. | Howell, MI
Wed., Mar. 4, 2009 3:18 PM link loyce b. | Houston, TX
I very much oppose the "Traders' Tax Bill" for the following reason: "...anyone who invests their money will be on the hook for the EXCESSES of Wall Street...." Before TARP, I've already paid BIG TIME for Wall Street excesses. Why should I pay even MORE for their(TARP) excesses!!!??????
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Wed., Mar. 4, 2009 3:17 PM link Merrilee L. | Battle Ground, WA
I do small amounts of option trading to suppliment my small income. I did not help create the Wallstreet crisis of today. I already pay taxes on my profits, and if I had to pay even more taxes on my profits AND pay a tax on my losses! My government would be hurting me big time. The tax reduction I am suppose to receive because I'm low income would become a joke. The government gives with one hand and if you are trying to create some income with trading it takes all your hard work away with the other hand. I am against this bill and think it would create many unintented consequences for us.
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Wed., Mar. 4, 2009 3:17 PM link Armend M. | Saint Petersburg, FL
Wed., Mar. 4, 2009 3:17 PM link Scott H. | Reno, NV
Wed., Mar. 4, 2009 3:16 PM link robert c. | keizer, OR
Wed., Mar. 4, 2009 3:16 PM link jody e. | Teaneck, NJ
Wed., Mar. 4, 2009 3:16 PM link Michael D. | Chicago, IL
Wed., Mar. 4, 2009 3:16 PM link Name not displayed | Davidson, NC
This is just taking the small traders out of the trading industry even more.
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Wed., Mar. 4, 2009 3:16 PM link dean c. | Beverly Hills, CA
Wed., Mar. 4, 2009 3:16 PM link Name not displayed | Fort Worth, TX
Wed., Mar. 4, 2009 3:14 PM link Ken H. | Saint Louis, MO
Wed., Mar. 4, 2009 3:13 PM link Name not displayed | San Francisco, CA
Yeah let's tax everyone for the mistakes of a few. How about we increase the taxes for the politicians who claimed that everyone should own a home, for the rating agencies that dropped the ball, and the exeutives that worked at these bailout banks who have sinced retired to their multi-million dollar retirements.
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Wed., Mar. 4, 2009 3:13 PM link JEFF Y. | Cicero, NY
Wed., Mar. 4, 2009 3:12 PM link S . | Vincennes, IN
Wed., Mar. 4, 2009 3:12 PM link David L. | Diamondhead, MS
Wed., Mar. 4, 2009 3:11 PM link Name not displayed | Springfield, MA
Wed., Mar. 4, 2009 3:11 PM link Richard H. | Telluride, CO
Wed., Mar. 4, 2009 3:11 PM link Name not displayed | Campbell, CA
Wed., Mar. 4, 2009 3:11 PM link David M. | Sunny Isles Beach, FL
Wed., Mar. 4, 2009 3:11 PM link Scott S. | Spring, TX
Where's the country going? Government should be 5% of what it is now. America the Taxed doesn't make for a good national anthem.
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Wed., Mar. 4, 2009 3:10 PM link Veeken C. | Forest Hills, NY
Thanks Mr. Deporre.
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Wed., Mar. 4, 2009 3:10 PM link John R. | Huntingdon Valley, PA
Wed., Mar. 4, 2009 3:09 PM link marc r. | Los Angeles, CA
Wed., Mar. 4, 2009 3:07 PM link Name not displayed | New York, NY
VOTE NO on HR 1068
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Wed., Mar. 4, 2009 3:06 PM link Name not displayed | Syosset, NY
Wed., Mar. 4, 2009 3:06 PM link Kevin P. | Dallas, TX
Mr. President, members of Congress, the stock market is not just another "opinion poll" to be trumpeted and disregarded at will. It represents real money and real suffering of the American people when it declines to the extent it does.
When you attack "Wall Street", you attack your own citizenry. Remember this. We shall certainly do so in 19 months.
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Wed., Mar. 4, 2009 3:06 PM link Name not displayed | Belvedere Tiburon, CA
i vote no on h r 1068
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Wed., Mar. 4, 2009 3:05 PM link Namdev L. | Miami, FL
Wed., Mar. 4, 2009 3:05 PM link bruce s. | Stony Brook, NY
Wed., Mar. 4, 2009 3:05 PM link Name not displayed | Miami, FL
Wed., Mar. 4, 2009 3:04 PM link scott s. | Syosset, NY
Wed., Mar. 4, 2009 3:04 PM link Chris G. | Ruston, LA
Wed., Mar. 4, 2009 3:04 PM link Duncan T. | New York, NY
Wed., Mar. 4, 2009 3:04 PM link David R. | Miami Beach, FL
Wed., Mar. 4, 2009 3:03 PM link Clint S. | San Francisco, CA
Wed., Mar. 4, 2009 3:02 PM link Name not displayed | Miami, FL
Wed., Mar. 4, 2009 3:02 PM link scott c. | Los Angeles, CA
Congressman DeFazio, I just saw your interview on CNBC. What you are doing is taxing main street to pay for wall street, the very thing that you are against. Who do you think this tax is going to hurt the most? The main street investors.
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Wed., Mar. 4, 2009 3:01 PM link Name not displayed | Melville, NY
Wed., Mar. 4, 2009 2:59 PM link Robert E. | Lakeland, FL
Wed., Mar. 4, 2009 2:59 PM link Doug G. | Longmont, CO
Wed., Mar. 4, 2009 2:58 PM link Name not displayed | Germantown, MD
The tax law for trading options, 1256s, and the like are already complicated. Furthermore, how much is fair? We are already paying 40% for some trades, 60% for others. 28%-36% on ST capital gains, and 20% long term.
Additionally, people are working 3 out of every 10 days to pay the taxes on current income. When is enough enough?
It is me or is congress the most effective institution on the planet for destroying wealth (personal or national)?
PLEASE NO MORE TAX!! Leave us alone!
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Wed., Mar. 4, 2009 2:58 PM link Name not displayed | Reno, NV
Wed., Mar. 4, 2009 2:58 PM link Name not displayed | Fieldsboro, NJ
Wed., Mar. 4, 2009 2:57 PM link Dale Benincasa B. | Houston, TX
Wed., Mar. 4, 2009 2:55 PM link Shane W. | Ruston, LA
I day trade stocks on a daily basis to provide a supplemental income (approx. 15%)for my family. This tax would eliminate my ability to make the many transactions that I make on a daily basis cost effectively and I would have to cease day trading completely. Thus reducing my income by approximately 15%. This is certainly not taking America in the right direction.
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Wed., Mar. 4, 2009 2:54 PM link Name not displayed | Berwyn, PA
This tax would penalize small traders more than the Wall Street fat cats. A lot of people I know who have lost their jobs are trading to help pay the bills, and they need to keep every penny they struggle to earn in the market. Take away Wall Street executives' bonuses--don't take away the little guy's living!
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Wed., Mar. 4, 2009 2:54 PM link Boris R. | Sunny Isles Beach, FL
Wed., Mar. 4, 2009 2:53 PM link Name not displayed | Bronx, NY
This is insanity.....why dont you go get some money from halliburton and leave us alone.
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Wed., Mar. 4, 2009 2:53 PM link Name not displayed | Painesville, OH
Wed., Mar. 4, 2009 2:52 PM link Darryl B. | Sweet Grass, MT
This tax would simply be passed down to small investors and reduce access to markets.....Kicking investors while they're down. Very bad idea.
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Wed., Mar. 4, 2009 2:51 PM link Name not displayed | Princeton, NJ
Wed., Mar. 4, 2009 2:49 PM link Angel S. | Miami, FL
Wed., Mar. 4, 2009 2:49 PM link Kenneth Y. | Daly City, CA
First you make us invest in the stock market for our retirement with the passing of the ERISA laws and now you want to tax us for the actual transactions. Why don't we have a mandatory Macro and Micro college level economic class for Congress so they can understand the damage they inflict.
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Wed., Mar. 4, 2009 2:48 PM link Ramesh S. | Aurora, IL
Wed., Mar. 4, 2009 2:48 PM link Darald L. | Weare, NH
Wed., Mar. 4, 2009 2:47 PM link Name not displayed | Pebble Beach, CA
Get a clue. Have a junior staffer look into the unintended consequences of moving order flow overseas to overseas exchanges, or even better, OTC Derivatives which are unregulated and non-transparent. You have got to be kidding.
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Wed., Mar. 4, 2009 2:47 PM link Name not displayed | Akron, OH
Wed., Mar. 4, 2009 2:47 PM link MARK Z. | Miami, FL
I AM AGAINST THIS BILL
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Wed., Mar. 4, 2009 2:46 PM link Name not displayed | Orlando, FL
Wed., Mar. 4, 2009 2:45 PM link Michael C. | Chicago, IL
Wed., Mar. 4, 2009 2:45 PM link RONALD C. | Camarillo, CA
Wed., Mar. 4, 2009 2:45 PM link Name not displayed | Incline Village, NV
While you are at it. See if the highspeed train from CA to NV crosses over any real estate that Reid or any of his ilk has ownership stakes in. Or, that their campaign supporters may have interests in.
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Wed., Mar. 4, 2009 2:45 PM link Michael N. | Dubach, LA
Wed., Mar. 4, 2009 2:44 PM link Name not displayed | Keswick, VA
Wed., Mar. 4, 2009 2:43 PM link Kent H. | Green Valley, AZ
According to experts, this is a "traders market". This is not an investors market. It probably won't be for several years to come. This bill would only reduce liquidity in the US marketplace. Day traders would be forced to move their trading from US markets to overseas markets, or to not trade for a living at all. If you'd like more people on welfare pass this pig of a bill.
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Wed., Mar. 4, 2009 2:43 PM link Name not displayed | Windermere, FL
Wed., Mar. 4, 2009 2:43 PM link Name not displayed | Jackson, MI
Please stop this one
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Wed., Mar. 4, 2009 2:42 PM link Betty H. | Greensboro, NC
Wed., Mar. 4, 2009 2:41 PM link Bruce W. | Broomfield, CO
If they really want Wall Street to pay for the bailout, they would arrest bank and financial institutions CEOs, brokers who sold credit default swaps, mortgage backed securities and mortgages that could never be paid back and fine them a large sum. Instead they want to punish the innocent stock traders.
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Wed., Mar. 4, 2009 2:40 PM link David C. | West Chester, PA
no more taxes!!!
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Wed., Mar. 4, 2009 2:39 PM link Gleason T. | Park Ridge, IL
Wed., Mar. 4, 2009 2:36 PM link chris l. | Goodyear, AZ
Wed., Mar. 4, 2009 2:33 PM link Steve F. | Lakeland, FL
Wed., Mar. 4, 2009 2:31 PM link rick p. | Cooper City, FL
i am against this bill, as i am a trader who supports a family and has no relation to wall street whatsoever....but then again, i dont think anyone gives a crap about the average joe anymore.
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Wed., Mar. 4, 2009 2:31 PM link Robert B. | Houston, TX
Wed., Mar. 4, 2009 2:30 PM link david r. | Miami, FL
Wed., Mar. 4, 2009 2:30 PM link Name not displayed | Holly Springs, NC
Wed., Mar. 4, 2009 2:29 PM link Audrey L. | Berkeley, CA
Wed., Mar. 4, 2009 2:29 PM link Mark S. | College Station, TX
I urge you to vote NO on H.R. 1068
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Wed., Mar. 4, 2009 2:29 PM link Name not displayed | Fort Collins, CO
Since Congress seems intent on singling-out a particular group for this tax, I have a counter proposal. Why doesn't Congress retroactively rescind their pay increases for the last 10 years (especially the one you snuck in this past December), and use that money to pay for the Wall Street issues? What's good for one, should be good for the other, right Congressman DeFazio?
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Wed., Mar. 4, 2009 2:29 PM link Name not displayed | Tempe, AZ
Wed., Mar. 4, 2009 2:28 PM link thomas R. | San Francisco, CA
Wed., Mar. 4, 2009 2:28 PM link Name not displayed | Eagle, ID
Wed., Mar. 4, 2009 2:28 PM link Jonathan R. | Poway, CA
Wed., Mar. 4, 2009 2:27 PM link thomas R. | San Francisco, CA
Wed., Mar. 4, 2009 2:27 PM link John F. | Redwood City, CA
I'm a small business futures trader. I had nothing to do with this financial debacle. If you actually review the facts (I recommend House of Cards show by CNBC), you'll note that this mess was started by some shady and greedy mortgage brokers in Orange County. Now, its not my fault that for one our government did not have enforcement or legislative policies in place to detect this kind of free willing lending abuse that caused the housing bubble and subsequent financial hardship on banks who wrongly partnered with said mortgage brokers. And why are we bailing out these companies in the first place?! Let the market do its thing - we need to flush out the bond holders of these companies! They don't deserve to be rescued/propped up/given welfare from us. That is inherent risk in holding bonds in companies - big yield, but company may go bust. Yet we don't allow them to go bust. So in long run, government is just interfering with market mechanisms and not allowing wipe outs to occur. Not all will be wiped out, just those who were foolhardy. Please don't make another mistake upon already existing mistakes. Be fair, let us be free. Don't kill the small businesses within the investment/financial community.
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