Tangentially, the particular construct you describe ("transaction tax") has proved it is not worth it. Canada tried it out. http://qed.econ.queensu.ca/pub/facu

Tangentially, the particular construct you describe ("transaction tax") has proved it is not worth it. Canada tried it out. http://qed.econ.queensu.ca/pub/faculty/milne/322/IIROC_FeeChange_submission_KM_AP3.pdf http://qed.econ.queensu.ca/pub/faculty/milne/322/IIROC_FeeCh... It hurt the little guy, raised costs, and allowed the big guy to more easily hide their orders.