Financial Transactions Tax (FTT)

Wall Street

What is a financial transactions tax (FTT), in plain an simple English Democrats want to tax you on tax on every stock, bond, and derivative trades. The FTT would especially impact fund managers that are responsible for 401(k)s, pensions, and index funds and make frequent trades. Who are the participants in 401(k)s, pensions? Regular hardworking…

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