Democrats Propose Tax On Stocks, Bond, Derivative Deals
PYMNTS
MARCH 4, 2019
In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Alexandria Ocasio-Cortez (D-NY) as its lead co-sponsor, CNBC reported. 15), reported Bloomberg.
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