Tell Congress to Block the Trader Tax

38,665 People Have Sent 76,261 Letters and Emails

Sign the Petition

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

Total Signers: 38,665    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. Sun., Mar. 8, 2009 10:17 PM    link evan d. | Deerfield, IL

  2. Sun., Mar. 8, 2009 10:16 PM    link Shane K. | Odessa, TX

  3. Sun., Mar. 8, 2009 10:16 PM    link sharon d. | Deerfield, IL

  4. Sun., Mar. 8, 2009 10:14 PM    link Name not displayed | Deerfield, IL

  5. Sun., Mar. 8, 2009 9:58 PM    link Steve S. | Chandler, AZ

  6. Sun., Mar. 8, 2009 9:56 PM    link Fred C. | San Antonio, TX

    No No No!!!!!

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  8. Sun., Mar. 8, 2009 9:54 PM    link Guerry F. | Tampa, FL

  9. Sun., Mar. 8, 2009 9:52 PM    link Fred C. | San Antonio, TX

    Hell
    No!!!!

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

  11. Sun., Mar. 8, 2009 9:50 PM    link Roderick A. B. | Galena, OH

    Please do not igonore this request. I will be watching to see how well my representatives support me and all others who are concerned about the performance of the major indexes and general health of the markets.

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  13. Sun., Mar. 8, 2009 9:50 PM    link Covington A. | Fort Collins, CO

  14. Sun., Mar. 8, 2009 9:43 PM    link Name not displayed | ,

    This will kill all of us small investors, and will kill the liquidity in the market, My feeling is you just want to keep kicking the little people when we are down. This is the most rediculous bill I have ever seen. I am from Canada and if this bill is passed I will completely avoid any US trades, I will trade where my efforts of investing are appreciated, not penalized.

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  16. Sun., Mar. 8, 2009 9:36 PM    link Name not displayed | Centennial, CO

  17. Sun., Mar. 8, 2009 9:34 PM    link James R. | Katy, TX

  18. Sun., Mar. 8, 2009 9:23 PM    link Phyllis B. | Earlsboro, OK

  19. Sun., Mar. 8, 2009 9:23 PM    link Neeta L. | New Hyde Park, NY

    How are all these taxes helping the people of our country? Reduce Government, reduce taxes and let us feel enthusiastic about investing in the markets. Please think of more productive ways of ramping up Govt. revenues in healthy, stimulative ways rather than increasing this negative burden of taxes upon on the people. Government was elected to serve the people not become such a burden upon the shoulders of the American people that you cripple them. It is just plain wrong to try squeezing more taxes out of people who are already under so much pressure while senators and government employees enjoy good salaries and devise ways to increase Government and fund that by increasing taxes. Think about more stimulative ways of increasing government revenues without taxing people into despair. I vote NO on H.R. 1068. Surely the Government can find more productive ways of making and keeping money.

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  21. Sun., Mar. 8, 2009 9:21 PM    link Lawrence W. | Rockford, IL

    This bill will increase the cost of stock transactions by 500%. In addition the proposed increases on dividends and capital gains will further ruin my 401k and retirement money. These new laws are destroying my retirement.

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

  23. Sun., Mar. 8, 2009 9:18 PM    link Name not displayed | Arvada, CO

    The congressman is a total idiot when it comes to the market and that there are not millions of us active traders out there that oppose this action. Glad he does not live in Colorado.

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  25. Sun., Mar. 8, 2009 9:15 PM    link LeAnna J. | Spring, TX

  26. Sun., Mar. 8, 2009 9:12 PM    link mike b. | Hickory, NC

  27. Sun., Mar. 8, 2009 9:10 PM    link Bob L. | Carrollton, TX

  28. Sun., Mar. 8, 2009 9:06 PM    link Name not displayed | Annapolis, MD

  29. Sun., Mar. 8, 2009 9:05 PM    link wojciech j. | Addison, IL

  30. Sun., Mar. 8, 2009 8:58 PM    link matt d. | Conway, AR

    This tax will devastate the markets even more. Think of the retired who have their retirement accounts invested in companies who would be hugely affected by additional taxes on their investments.

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

  32. Sun., Mar. 8, 2009 8:57 PM    link Lenny M. | Owings Mills, MD

  33. Sun., Mar. 8, 2009 8:53 PM    link Anthony D. | San Diego, CA

    I am a Democrat and DeFazio is simply clueless, no ifs ands or buts about it...very clueless.

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

  35. Sun., Mar. 8, 2009 8:46 PM    link Eugene R. | New York, NY

    Market makers and liquidity providers are extremely sensitive to transaction costs. America's equity markets and exchange traded derivative markets are deepest and most liquid markets in the world due to small transaction costs. Increasing a trader tax, will drastically increase the volatility of the markets.

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

  37. Sun., Mar. 8, 2009 8:46 PM    link john w. | Marblehead, MA

  38. Sun., Mar. 8, 2009 8:45 PM    link Cindy M. | Shoreline, WA

  39. Sun., Mar. 8, 2009 8:38 PM    link Name not displayed | Jacksonville, FL

    I would like to add that most traders I know, if faced with this tax, will simple stop trading in the US and find ways to move their capital to other countries with more favorable tax laws.

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

  41. Sun., Mar. 8, 2009 8:38 PM    link Craig V. | Lakeville, MN

  42. Sun., Mar. 8, 2009 8:37 PM    link Terry K. | Anderson, IN

    Sincerely,

    Terry Kelly
    Anderson, IN

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

  44. Sun., Mar. 8, 2009 8:34 PM    link Dick K. | Colorado Springs, CO

  45. Sun., Mar. 8, 2009 8:32 PM    link Albert G. | Las Vegas, NV

  46. Sun., Mar. 8, 2009 8:32 PM    link David R. | Wilton Manors, FL

    These public officials should not be placing the blame on us for problems that they created. Go ahead and pass this bill if you have the balls and see what it does to our economy.

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

  48. Sun., Mar. 8, 2009 8:31 PM    link Ian B. | Crawfordsville, IN

    No you will remove me from the market I have studied trading for 5 yrs this will finish me

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

  50. Sun., Mar. 8, 2009 8:25 PM    link Name not displayed | Prescott, AZ

  51. Sun., Mar. 8, 2009 8:25 PM    link Steven S. | Westbury, NY

    Please Block the Trader Tax" petition!

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

  53. Sun., Mar. 8, 2009 8:23 PM    link Denise M. | Wilton, CT

    This proposal will kill the individual trader. I can't imagine that is your goal.

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

  55. Sun., Mar. 8, 2009 8:22 PM    link Kevin S. | Monroe, GA

  56. Sun., Mar. 8, 2009 8:22 PM    link Name not displayed | Los Angeles, CA

  57. Sun., Mar. 8, 2009 8:21 PM    link Leonard S. | San Clemente, CA

  58. Sun., Mar. 8, 2009 8:18 PM    link Name not displayed | White Lake, MI

  59. Sun., Mar. 8, 2009 8:17 PM    link Sandra M. | Brielle, NJ

  60. Sun., Mar. 8, 2009 8:15 PM    link George O. | Houston, TX

  61. Sun., Mar. 8, 2009 8:14 PM    link David S. | Fort Worth, TX

    You're taking away the incentives for individuals to buy in to this market. I urge you to vote NO.

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

  63. Sun., Mar. 8, 2009 8:05 PM    link Name not displayed | Pottersville, NJ

  64. Sun., Mar. 8, 2009 8:05 PM    link Name not displayed | Staten Island, NY

  65. Sun., Mar. 8, 2009 7:59 PM    link Name not displayed | Centreville, VA

  66. Sun., Mar. 8, 2009 7:58 PM    link Name not displayed | Littleton, CO

  67. Sun., Mar. 8, 2009 7:57 PM    link Name not displayed | Louisville, KY

  68. Sun., Mar. 8, 2009 7:56 PM    link Joe C. | Fort Bragg, NC

  69. Sun., Mar. 8, 2009 7:55 PM    link Name not displayed | Krakow, WI

  70. Sun., Mar. 8, 2009 7:52 PM    link Diane J. | Los Angeles, CA

  71. Sun., Mar. 8, 2009 7:39 PM    link Laura P. | Sioux City, IA

  72. Sun., Mar. 8, 2009 7:39 PM    link David V. | Beverly, MA

    I urge you to Vote AGAINST this Trader Tax Bill

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

  74. Sun., Mar. 8, 2009 7:39 PM    link Name not displayed | Aiken, SC

    After all the years of high transaction costs we finally have fair cost and access to the market and you want to price the little guy out. Always looking to tax, you already tax me if I'am successful but to tax my lossess to. All these ideas and costs wll simply be passed on hurting the very people your trying to save. Everbody will be hurt directly and in directly, and the United States will be replaced as the center of finance, because of the non competative position the tax will impose and the end of the world as we know it. Stop the insanity.

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

  76. Sun., Mar. 8, 2009 7:37 PM    link Name not displayed | Kokomo, IN

    If things keep going this way, there will be no wealth in the United States of America thus no jobs, no economy, and finally no United States of America.

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

  78. Sun., Mar. 8, 2009 7:35 PM    link Eugenia S. | Bronx, NY

  79. Sun., Mar. 8, 2009 7:32 PM    link Michael C. | Rochester, MA

  80. Sun., Mar. 8, 2009 7:29 PM    link Keith B. | Bethel Park, PA

  81. Sun., Mar. 8, 2009 7:28 PM    link Nicholas Y. | Rochester, MN

  82. Sun., Mar. 8, 2009 7:27 PM    link Wes L. | Redondo Beach, CA

    Congressman DeFazio is clearly ignorant of the purpose of investors trading in the market. It is inexcusable for him to put forth this bill when he knows not what he speaks.

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  84. Sun., Mar. 8, 2009 7:25 PM    link Michael S. | Sand Springs, OK

    We don't need to send more money to Washington, for congress to throw away!

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  86. Sun., Mar. 8, 2009 7:25 PM    link Michael H. | Alexandria, VA

  87. Sun., Mar. 8, 2009 7:24 PM    link Name not displayed | Chicago, IL

  88. Sun., Mar. 8, 2009 7:24 PM    link Name not displayed | Lenexa, KS

  89. Sun., Mar. 8, 2009 7:22 PM    link Audrey H. | Alpine, CA

  90. Sun., Mar. 8, 2009 7:22 PM    link Name not displayed | New York, NY

    I am amazed that at this difficult point in our economic history that congress would even think -- think! -- about adding this tax.

    Please don't.

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  92. Sun., Mar. 8, 2009 7:17 PM    link Kimball D. | Bountiful, UT

  93. Sun., Mar. 8, 2009 7:15 PM    link Joel C. | Mchenry, IL

  94. Sun., Mar. 8, 2009 7:12 PM    link Name not displayed | Wixom, MI

  95. Sun., Mar. 8, 2009 7:04 PM    link Name not displayed | Oklahoma City, OK

    I am a small investor, I am not a day trader. The small investor is greatly adversely impacted by this bill, and I urge you to consider the impact to your individual constituents.

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  97. Sun., Mar. 8, 2009 6:58 PM    link Manuel M. | Las Vegas, NV

  98. Sun., Mar. 8, 2009 6:54 PM    link Louis D. | Exeter, NH

  99. Sun., Mar. 8, 2009 6:50 PM    link Name not displayed | Springdale, AR

    Wall Street bailouts are Wall Street Bailouts. People i.e. citizens buy stocks, not "Wall Street". Our taxpayers are being screwed enough without stupid bills from stupid congressman. When will the duping stop?

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  101. Sun., Mar. 8, 2009 6:50 PM    link jim B. | Billings, MT

  102. Sun., Mar. 8, 2009 6:48 PM    link Name not displayed | Acworth, GA

  103. Sun., Mar. 8, 2009 6:46 PM    link tracy l. | Powhatan, VA

  104. Sun., Mar. 8, 2009 6:37 PM    link Name not displayed | Export, PA

  105. Sun., Mar. 8, 2009 6:36 PM    link Burt L. | Eugene, OR

    I'm from Congressman DeFazio's state and he clearly does not understand modern day investing and trading to earn a living.

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

  107. Sun., Mar. 8, 2009 6:29 PM    link Name not displayed | San Antonio, TX

    If you want less of something just tax it. I will get out of any already bad market. FOR GOOD!

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

  109. Sun., Mar. 8, 2009 6:27 PM    link Name not displayed | Panama City Beach, FL

  110. Sun., Mar. 8, 2009 6:26 PM    link Name not displayed | Las Vegas, NV

  111. Sun., Mar. 8, 2009 6:20 PM    link Name not displayed | Edmonds, WA

  112. Sun., Mar. 8, 2009 6:16 PM    link Name not displayed | Vancouver, WA

  113. Sun., Mar. 8, 2009 6:15 PM    link Name not displayed | League City, TX

  114. Sun., Mar. 8, 2009 6:07 PM    link Name not displayed | Poulsbo, WA

  115. Sun., Mar. 8, 2009 6:04 PM    link Kevin M. | Saint Clair, MI

  116. Sun., Mar. 8, 2009 6:02 PM    link Name not displayed | New York, NY

  117. Sun., Mar. 8, 2009 5:55 PM    link Greg B. | Chicago, IL

    It is beyond ridulous at this time to increase the trading fee/tax, which only reduces the returns of individuals' 401K's, mutual funds, pensions, etc. What idiot thought this was a time to do that?

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

  119. Sun., Mar. 8, 2009 5:50 PM    link Name not displayed | Franklin, TN

  120. Sun., Mar. 8, 2009 5:50 PM    link Name not displayed | Houston, TX

    This bill will hurt those who have lost their jobs and are attempting to protect their investments through trading choices! It's one thing to tax gains; it's another thing completely to tax people for trying to make a living!

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  122. Sun., Mar. 8, 2009 5:42 PM    link Name not displayed | Oklahoma City, OK

  123. Sun., Mar. 8, 2009 5:39 PM    link alex p. | Columbia Falls, MT

  124. Sun., Mar. 8, 2009 5:33 PM    link Charles S. | Ottawa, OH

  125. Sun., Mar. 8, 2009 5:26 PM    link Name not displayed | Charlottesville, VA

    This bill if enacted would literally close the futures exchanges; eliminate pit trading and remove all liquidity from the market. I urge you to halt this bill's progress immediately.

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

  127. Sun., Mar. 8, 2009 5:24 PM    link Amanda J. | Wichita, KS

  128. Sun., Mar. 8, 2009 5:23 PM    link Mike M. | San Jose, CA

    With all due respect Congressman DeFazio, you are a complete idiot. This bill will only wind up hurting the average investor, many of whom today trade online. Do some of us trade more than a few times a week? Yes. And we are NOT churners. Anyone who believes that buying and holding works in all market conditions (as you apparently do) is a fool.

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

  130. Sun., Mar. 8, 2009 5:22 PM    link ray w. | Marble Falls, TX

  131. Sun., Mar. 8, 2009 5:21 PM    link Name not displayed | Bradenton, FL

    Well the SEC just raised their fees. We said all along that the SEC already has a fee on transactions, which resembles a transaction tax. We expected an SEC fee increase as another way to pay for beefed up regulations and enforcement proceedings. The big question remains: Will this increase be in lieu of a transaction tax, or just another cost?
    Washington, D.C., March 4, 2009 — Effective on April 1, 2009, or 30 days after the date of enactment of the Commission's regular appropriation for fiscal year 2009, whichever is later, the Section 31 fee rate applicable to securities transactions on the exchanges and over-the-counter markets will increase to $25.70 per million dollars. Until that date, the current rate of $5.60 per million dollars will remain in effect. The Section 31 assessment on security futures transactions will remain unchanged at $0.0042 per round turn transaction. Click the link above for the rest of this notice.
    Enough is Enough I vote NO to H.R 1068.

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Total Signers: 38,665    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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