Tell Congress to Block the Trader Tax

38,802 People Have Sent 76,600 Letters and Emails

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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

  1. I think this is a terrible idea. You are taxing individuals, not wall street!

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  3. This is a bad as it gets. Not only do we pay a capital gains tax, now your asking us to pay a tax on the amount of capital we trade. Please, you have to vote no on this.

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  5. Go ahead and pass this tax, on one condition, abolish the Capital Gains tax. If this passes, I will stop investing in Wall Street.

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  7. STOP SPENDING MY MONEY !

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  9. I have already sold some stocks, never to reinvest, as a result of rumors of this impending bill.
    You are determined to kill the middle class!
    Too bad you're not as determined to stop hemorraging debt.

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  11. Federal legislation accompanied by a lack of governmental oversight and regulation created this housing and financial bubble...and unregulated Wall Street greed has intensified the resulting credit crises. As a small investor, I and millions of others have already paid our pounds of flesh. Stop this nonsense of H.R. 1068 in its tracks!

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  13. I lost 40% of my savings in 2008. I'm almost 70 now and don't have enough time to recover.Are you trying to rip me off by passing H.R. 1068?

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  15. The problem is obvious in this "deep recession"-- we need more jobs. This move will create more unemployed who make their living,grow their retirement funds AND TRY TO SUPPLEMENT THEIR INCOME by trading. There are millions of people who daytrade, position trade and/or invest for a living by trading.I do it as my retirement job to make ends meet. This will put them out of business. I am not even counting the brokerage community that also would be greatly affected. Please don't even think about it. BAD BAD IDEA

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  17. Just another way to screw "the little guy"!!!

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  19. Politicians it is time to get real -- STOP THE SPENDING!!

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  21. Please tax Wall Street bonuses, not main street small investors.

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  23. Great more taxes, just what a recession needs.

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  25. Endless new taxation from our politicians plus more huge spending plans that we cannot afford put us in even greater debt and create significant distrust of politicians. Have you not read Profiles in Courage?! Have you any???

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  27. 2010 and 2012 elections are coming. You will be held accountable if you disregard the will of the voters!

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  29. More economic terrorism by our elected officials

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  31. We're watching you and how you vote. 2010 is right around the corner. You will be held accountable. You will be unemployed if you don't start doing the job you were sent to Washington to do. You cannot hide. Take heart, do the right thing.

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  33. I am almost 70 years old and traded stocks for the first time this last year. It was a small amount and I payed for both ends of the transaction. I expect I will pay again on the small profit. I am not a Wall Street Trader and do not need to be penalised further as I will have already paid my fair share.

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  35. Maybe someone could sponsor a bill to IQ test all potential representatives. If we stop morons from entering government, we might get a few less moronic bills. NO ON HR 1068, this is going to gut my retirment cash flow.

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  37. Please don't steal from the average proactive investor.

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  39. This bill is an abomination and must be defeated.

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  41. Taxing our trades will slow our trade activity, slow the market and slow the economy. Just what our economy needs. Did you guys get your economic text out of a crackerjack box?

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  43. By any measure the sanity of Congress is in doubt.

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  45. Don't tax us, the average American citizen, for the gross negligence of Wall Street and financial company leaders. The penalties to mutual fund holders are significant but incalculable. Also costs to small trades become enormous. I would have to cash in my significant holdings and find another way to fund my retirement.

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  47. Enough is enough. Start representing those that pay the taxes in this country. Our government has become so incompetent. Do the right thing and stop this nonsense.

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  49. Buy Gold,Silver,Platinum and Palladium.There is no tax on the profit made on Resale.
    Go GATA www.lemetropolecafe.com

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  51. Why does my eleced officals not get the point, this kind of reckless action is the problem, not the solution.
    James C. Parker

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  53. Oh for the days of common sense...would someone with a sense of history please tell me what country taxed their way to prosperity?

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  55. This is nothing less than theft to an ordinary investor.

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  57. As an Oregonian, I'm telling my friends and family not to vote for DeFazio.

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  59. Politics is like the game Whack-a-Mole, where bad and even idiotic ideas pop up like popcorn in a microwave and must be hammered into submission just as quickly. This one is typical of the 'idiotic' variety and the sooner it is squashed out of existence along with its perpetrator voted out of office, the better. Imagine, asking taxpayers to pay again for something they already paid for!! Insane!

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  61. Penalize the right people!

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  63. Can we propose a tax on politicians making idiotic tax proposals?

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  65. It is time to stop looking at reasons to take more of our money. Why do we need Congress at all?

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  67. The absurdity of this is beyond comprehension. How could any level headed person not see this for what it really is? Surely our Congressmen and Women are also investors and would feel the sting of this as well?

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  69. WHY DON'T YOU PUT A LARGE TAX ON ALCOHOL OF ALL KINDS AND SOLVE ALL THE PROBLEMS YOU HAVE CAUSED AND THEN GO HOME AND NEVER COME BACK TO wASHINGTON D.C. THAT WOULD SOLVE ALL OUR PROBLEMS .

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  71. Get out of my wallet.

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  73. Let's see who votes for the bill and then we'll vote them out when they run for re-election.

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  75. I have only one vote, but mine won't be cast for an elected official who supports this nonsense.

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  77. At $ 100. roundtrip. I will not be able to buy stocks. All the winnig will be wiped out.

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  79. As usual this is an attempt to go under the average persons radar to invoke an unfair and insulting tax to fund useless government spending. Or in other words we fund our own governments theft from us. This Congressman and any who follow should be arrested and treated as common thieves.

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  81. Please .. stop or at least slow down
    the madness in DC !

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  83. If this bill HR 1068 is allowed to become law,I will have stop trading. Then I will spend all my time finding ways to prevent these idiots from being elected.

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  85. ABSOLUTELY VOTE NO ON THIS - OR I WILL VOTE NO ON YOU - YOU'RE FIRED!!!!

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  87. What are you thinking? Unfair to small investor and tax payer like me. I vote!!!!

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  89. Stop taking us down the road to ruin! I'm sick of the Government stealing from those who are motivated enough to work hard and giving to those who can't or won't work. You aren't Robin Hood. We voted for you to take care of the country, not destroy it! Stop spending money you don't have, and stop stealing from us. Get a clue!

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  91. House bill ten sixty eight
    Is a tax all really should hate.
    Is DeFazio so dumb
    To tax investors -not the scum
    That cause us to suffer this fate?

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  93. This is simply patently unfair taxation! Many of us who have lost so much in the recent economic downturn are doing what we can to rebuild our investment portfolios. Sometimes it means taking small profits on stocks. In these cases, I pay capital gains on my profits. But to ask me to then pay a transaction tax on top of that? Absurd government thinking! Where will it stop? Will you next want to tax my bank deposits? What about my ATM withdrawals? Stop the madness NOW!!!

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  95. November 2010.

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  97. I figured this would of been a republican as I feel there obstrutionists but a democrat, well the bottom of the barrel, here we come.Lets all hope that this bills fails, other wise we'll all be opening accounts over seas.

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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

Sign the Petition

Petition created by James DePorre

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