New Posts For Thread: When does a tax on turnover make sense?https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-senseif at all...A tax on turnover seems nothing more than a tax on efficiency to me.I'm still baffled by the initiative of the robinhoodtax (robinhoodtax.org) supporting a 'financial transactions tax' which is a tax on turnover. A lot of organisations haEpileptic fit 3576.........and counting.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518244387#518244387Epileptic fit 3576.........and counting.Wed, 04 Apr 2012 01:45:31 -0500LOOK! You either get it, or you don't. No offense intended.theres only one way to see it- the melly way.ALL and I do mean ALL , other options are not an option.Option. Not an option- get it?repeat after me '"Remind me again, how is 10,000 quoteshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518241911#518241911LOOK! You either get it, or you don't. No offense intended.theres only one way to see it- the melly way.ALL and I do mean ALL , other options are not an option.Option. Not an option- get it?repeat after me '"Remind me again, how is 10,000 quotesTue, 03 Apr 2012 21:58:03 -0500I did just read the last post again and it could be interpreted wrong.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518238297#518238297I did just read the last post again and it could be interpreted wrong.Tue, 03 Apr 2012 19:03:53 -0500Evolution, DNA and brain damages are other things to consider.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518224835#518224835Evolution, DNA and brain damages are other things to consider.Tue, 03 Apr 2012 12:04:21 -0500If we only talk about intelligence, age is an importantfactor (before one become senile). Investor is about30 and Menelaus is 50+ I guess.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518224549#518224549If we only talk about intelligence, age is an importantfactor (before one become senile). Investor is about30 and Menelaus is 50+ I guess.Tue, 03 Apr 2012 11:54:49 -0500Here we go again.The whole debate on HFTs is riddled with conflicting opinions over the whole spectrum of individual investors, money funds, politicians, academics. Is it increasing/decreasing makt efficiency, is it improving price discovery or justhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518212291#518212291Here we go again.The whole debate on HFTs is riddled with conflicting opinions over the whole spectrum of individual investors, money funds, politicians, academics. Is it increasing/decreasing makt efficiency, is it improving price discovery or justTue, 03 Apr 2012 03:49:00 -0500That's 10,000 quotes PER SYMBOL per second........just to be clear.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518201643#518201643That's 10,000 quotes PER SYMBOL per second........just to be clear.Mon, 02 Apr 2012 17:05:42 -0500You either get it, or you don't. No offense intended.Yes, it's true, it does not just hit the HTF outfits, it hits us all.......but it's a small price to pay to reign in those who scalp from the retail investor each and every day......and in the longhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518201273#518201273You either get it, or you don't. No offense intended.Yes, it's true, it does not just hit the HTF outfits, it hits us all.......but it's a small price to pay to reign in those who scalp from the retail investor each and every day......and in the longMon, 02 Apr 2012 16:53:42 -0500Menelaus, bear in mind that this doesn't exclusively hit the HFT guys, but anyone else operating to minuscule margins.Any specific problems related to what is effectively 'cheating' should be dealt with in other ways than just blanket covering the whhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518193053#518193053Menelaus, bear in mind that this doesn't exclusively hit the HFT guys, but anyone else operating to minuscule margins.Any specific problems related to what is effectively 'cheating' should be dealt with in other ways than just blanket covering the whMon, 02 Apr 2012 12:31:53 -0500charlatanDate Joined: 06 Nov 01Add contact | Send messageWhen: 31 Mar 12 12:16Joined:Date Joined: 06 Nov 01| Topic/replies: 1,505 | Blogger: charlatan's blogit makes sense if you see reducing turnover as a positive development. many of the advocateshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29007547/when-does-a-tax-on-turnover-make-sense?post_id=518193023#518193023charlatanDate Joined: 06 Nov 01Add contact | Send messageWhen: 31 Mar 12 12:16Joined:Date Joined: 06 Nov 01| Topic/replies: 1,505 | Blogger: charlatan's blogit makes sense if you see reducing turnover as a positive development. many of the advocatesMon, 02 Apr 2012 12:30:12 -0500