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Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by stevenwoo on Friday May 24, 2019 @08:23PM (#20006356)
What effect would the proposed sales tax on trades we see proposed occasionally have on Robin Hood's model? Here's the most recent version: https://www.cbsnews.com/news/bernie-sanders-taxing-wall-stre...
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by adventured on Friday May 24, 2019 @08:31PM (#20006397)
In this case, the proposed tax is meaningless because it's fantasy headline legislation (it exists solely as vote-stirring propaganda) that has no shot at passing. The never-passing proposal will have no effect on Robin Hood's business model.