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A comment on The Need for a Tax on Financial Trading. Parent comment

Re:The Need for a Tax on Financial Trading by tomp on Thursday January 28, 2016 @08:50AM (#10988082)
Exactly, which encourages competition - exchanges can either reduce this tax (earning less per trade, but encouraging more volume), or maybe even increase it (rewarding liquidity more, and so improving the trading process).
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Re:The Need for a Tax on Financial Trading by qpsk88 on Thursday January 28, 2016 @09:58AM (#10988479)
Point taken, but competion is not a value by itself, tax money is.
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Re:The Need for a Tax on Financial Trading by tomp on Thursday January 28, 2016 @10:37AM (#10988774)
I disagree, I think orderly markets are the goal. Ideally, the government should collect as little tax as possible, while providing rules that promote the good (e.g. competition) and discourage the bad (e.g. violence, externalities).
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