EU Solution-A Transaction Tax-What It Means To You.

To me, transaction taxes are like a willing, sexy women at the bar. She looks so appealing. You take her to your room, and you wind up with a disease that you can never get rid of.


Transaction taxes are taxes on liquidity. Every time a trade is placed, a tax is paid. That makes it more expensive to trade. Market participants have to widen the bid/ask spread to account for the tax. This damages the market and costs consumers more than they actually realize.