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What effect would the proposed sales tax on trades we see proposed occasionally have on Robin Hood's model? Here's the most recent version: https://www.cbsnews.
by stevenwoo 7y ago
What effect would the proposed sales tax on trades we see proposed occasionally have on Robin Hood's model?
Here's the most recent version:
https://www.cbsnews.com/news/bernie-sanders-taxing-wall-street-trades-will-raise-2-trillion/ https://www.cbsnews.com/news/bernie-sanders-taxing-wall-stre...
- adventured 7y agoIn this case, the proposed tax is meaningless because it's fantasy headline legislation (it exists solely as vote-stirring propaganda) that has no shot at passing. The never-passing proposal will have no effect on Robin Hood's business model.