If this government goes ahead with confiscating the rewards of risk taking in financial transactions I will take all my money off the stock market immediately and leave it off until they see sense. I already pay stamp duty every time I buy shares. Government tax revneues depended on the City making money but government took away the regulating mechanism that worked and then abolished our own Glass Spiegal rules - thus killing the goose that laid the golden egg.
No extra taxes or we risk takers and investors go on strike.
Saturday, 7 November 2009
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