LogFAQs > #923776228

Also I admit I don't know much about stocks but:

Sanders will also release a detailed roadmap -- centered on new taxes on Wall Street -- to raise the $2.2 trillion dollars necessary to pay for this program and his other college funding plans. It will include a 0.5% tax on stock trades (or 50 cents for every $100 worth of stock), a 0.1% fee on bonds, and a 0.005% fee on derivatives. Sanders believes that could raise more than $2.4 trillion dollars over the next ten years.

This just... seems like it is less "haha sticking it to big earners all the time" and more "so many trades happen in a year for so much money that literally nickel and diming every transaction is going to add up massively."

I don't see, with my mostly uninformed eye, how this spells doom for retirement accounts.
---

Sir Chris