The "Stock Trade Tax" Is Just a Massive Tax On Your Potential Retirement || EP 194

Published: Feb. 25, 2020, 8:12 p.m.

b'Robinhood Referral Link:\\n\\nhttp://join.robinhood.com/geraldt72\\n\\nWebull Referral Link:\\n\\nhttps://act.webull.com/i/GPf3KOMU5ocF/f1h/\\n\\nPatreon.com/goodmorningliberty\\n\\nSend me an email about the trading class! nate@goodmorningliberty.us\\n\\nHere\'s how a "Stock Market Tax" could steal 39% of your potential retirement\\n\\nBernie Sanders\' tax on stock trades could easily cost you 40% of your retirement.\\nIt\\u2019s 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.\\n\\nAs usual, he\'s flat wrong.\\n\\nI 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.\\n\\nRead more\\n\\n\\n--- \\n\\nSupport this podcast: https://anchor.fm/goodmorningliberty/support\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'