The "Stock Trade Tax" Is Just a Massive Tax On Your Potential Retirement || EP 194
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Here's how a "Stock Market Tax" could steal 39% of your potential retirement
Bernie Sanders' tax on stock trades could easily cost you 40% of your retirement.It’s difficult to stress through text, but this has a lot of potential to go very poorly. Investing, by it's very nature is a risky business. Even if we just take the tax on stock trades, excluding the proposals for taxes on derivatives, we've got a .5% tax on every stock purchase. That doesn't sound like much, does it? Bernie Sanders says that with just a little tax like this we could raise $2.4 trillion dollars over 10 years and pay for free college for everyone.
As usual, he's flat wrong.
I don't think we've hidden the fact that I'm not a fan of Bernie Sanders. Actually, you might have even typed BernieLies.com to reach this article. I do, however, remain truthful about my analysis of his policies- and that's why I feel the way I do about him.
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