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Dont tap the SPR

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BAR[_2_]

BAR[_2_] is offline

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First recorded activity by BoatBanter: Jun 2008

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Dont tap the SPR

In article ,
says...
Do we tax profits made in US stocks if the investors aren't Americans?

Who's the idiot?

It doesn't matter if we tax US investors at 100% on their short term oil
speculations, it will NOT have an impact on the world wide futures price
of oil.

Now try to figure out why this is correct. Here is a hint, the US
doesn't control all investors or investment markets in the world.

Wrong. If there's a significant disincentive to trade in speculative
markets brought on by a stiff tax, how much of that speculative
market's assets are going to be removed from trading?

US taxes only affect US entities. Why do you think multi-national
corporations do not bring their foreign profits into the US?

Holding companies will be created to hold foreign companies that will do
the speculation. The proceeds will be held in foreign accounts but the
value of the holding company will increase.

You think a market moves up and down regardless of how many investors
take an interest in the commodity?

You only need one seller and two buyers to create a market.

Think again.

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