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Question is JonL, are YOU "looking to fix the problem" or just trying "to raise revenue?
Because the article you quoted makes NO indication that the VOLUME of speedy trading had anything to do with the "skimming".. Actually in fact, it didnt' convince that speedy was the key asset that made the scheme work either..
And I asked you whether you wanted to tax each BID placed or each transaction settled and all I got was a tirade of how I was ignoring the problem.
If you want to fix the problem, I'll entertain any suggestions you have.. But I'll be damned if you want to create AN excuse that makes it OK to arbitrarily tax something that will have no effect on the problem.. Just rationality, not indifference.
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